A spate of recent high-proﬁle wage underpayments cases have shown that no industry is immune. Wage theft is widespread from the restaurant and hospitality industry, retail, farming and franchises to Australian conglomerates with multi-million-dollar payroll errors and large super shortfalls.
The causes of wage theft or underpayment vary from not keeping up with complex awards changes, payroll system errors to the underpaying of minimum legal entitlements. Whether instances of underpayment are deliberate, or merely a misinterpretation of Australia’s complex system of entitlement obligations, there is an increasing focus on ensuring compliance with employment standards and obligations. Not only is wage underpayment illegal, it is also a PR disaster.
Thomson Reuters’ first Remuneration, Wage Theft and Annualised Salaries conference focuses on the reducing risk and legal non-compliance to stay on top of changing rules, regulations, penalties and practical tips to avoid for employers to prevent wage theft.
Highlights of the conference include:
Practical guidance on How to de-risk your payroll function