If your business is related to the SCHADS Award, you definitely will be familiar with the possibility where non-compliance will lead to back-paying employees and a hefty penalty to your business. As Fair Work standards are constantly changing, we understand most of your problems like managing payroll and award rates accurately can be extremely difficult, if they are still done manually by your hardworking team.
However, in this day and age, fortunately thanks to technology, we leveraged it to help businesses by staying compliant with all standards and modern awards, and ensuring you to avoid legal risks and maintain fair workplace practices.
In this article, we will look at how you can prevent your business getting into trouble. Let’s get started.
The Necessary Steps to Take
Here are a few ways we recommend for all businesses under the SCHADS Award to practice:
- Stay Updated on Award Rates
Regularly review the SCHADS Award 2024 to apply the correct award rates for your employees. Changes can occur, and staying informed is important to ensure employees are fairly compensated. Automated systems provide notifications of updates, making it easier to stay current with the latest regulations.
- Implement a Payroll Software
A payroll software will automatically adjust pay rates, calculate entitlements, and manage shift differentials according to the SCHADS Award. This automation reduces the risk of human error and ensures that payroll calculations align with the latest Fair Work standards. Additionally, it can help streamline other HR processes, for example time tracking, leave management, and record-keeping, further improving operational efficiency.
- Train Your HR Team
Ensure that your HR and payroll teams are well-versed in the SCHADS Award 2024. Regular training sessions can help them understand the nuances of the award, such as classifications, minimum entitlements, overtime rules, and penalty rates, ensuring they can apply it correctly.
- Conduct Regular Audits
Regularly audit your payroll processes to identify and rectify any discrepancies. Conducting these audits can also provide insights into areas where your payroll processes may need improvement. The main point of this approach helps maintain compliance and avoids potential legal issues mentioned above
- Seek Professional Advice
When in doubt, consult with employment law professionals who specialize in modern awards and the SCHADS Award. Specialists in modern awards and the SCHADS Award can offer guidance on applying the award correctly, and addressing any specific challenges your business may encounter. Their expertise can provide valuable insights and help you navigate the very complex compliance issues.
To Wrap Up
The Fair Work Commision has a list of common issues under the SCHADS Award that can be viewed here. We believe every Australian business needs to do their due diligence to make sure employees are paid accurately according to their industry and level of experience. This helps to promote a happier and efficient workplace, which is also one of our missions.
How does Workstem help?
Simplify your payroll process and ensure accurate pay rates with Workstem’s automated payroll system. Our pre-built modern award interpretation software covers 122+ awards and 34 EBAs, and keeps you up-to-date with penalty rates and other award entitlements.
Choose between our Standard and Advanced plans, and enjoy a range of benefits such as Fair Work compliance, an employee self-service App, and custom rule set.
Book a free demo with our payroll experts. Experience the efficiency and accuracy of Workstem today!
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