Workstem Blog

Tag: Payroll

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Decoding Payroll Calculation Challenges
Decoding Payroll Calculation Challenges
The most crucial duty for HR is not simply tapping on the computer at random and creating several copies of Excel, but rather doing repeated comput...
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Guide to Single Touch Payroll for Closely Held Payees
Guide to Single Touch Payroll for Closely Held Payees
Managing payroll and complying with tax and reporting requirements is a daily outline of payrollers. The Single Touch Payroll (STP) system has brou...
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A Guide to Reimbursement
A Guide to Reimbursement
Reimbursement is an aspect of financial management for both employees and employers, ensuring that expenses incurred in the course of work are appr...
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Why Payroll Records Are Important for Businesses?
Why Payroll Records Are Important for Businesses?
What are payroll records? Payroll records are the collection of payroll-related paperwork that companies are required to keep on file for each emp...
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Mastering Payslip: A Simple Guide for Clarity and Improvement
Mastering Payslip: A Simple Guide for Clarity and Improvement
In this blog, we will explore the importance of mastering payslips for employers. Payslips are more than just documents; they are crucial tools tha...
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How to Calculate Final Pay: A Comprehensive Guide
How to Calculate Final Pay: A Comprehensive Guide
As an employer or HR manager, understanding how to calculate final pay is crucial to ensure that you adhere to the compliance and maintain good rel...
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How Do You Calculate Notice Period?
How Do You Calculate Notice Period?
Notice period directly impacts the way employment relationships are terminated and the obligations of both parties. In this comprehensive guide, we...
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The Pros and Cons of Casual Employees
The Pros and Cons of Casual Employees
What are casual employees? A person is a casual employee if they accept an offer for a job from an employer knowing that there is no firm advance ...
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Mastering Probation Period: Your Essential Guide
Mastering Probation Period: Your Essential Guide
The probation period (probationary period) serves as a critical phase for both employers and employees to assess their compatibility for long-term ...
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A guide to Penalty Rates
A guide to Penalty Rates
Penalty rates play a crucial role in ensuring payroll compliance. In our blog post, we delve into the introduction of penalty rates in Australia, t...
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How to Improve Your Payroll Compliance?
How to Improve Your Payroll Compliance?
Payroll compliance is a critical aspect of any business, where strict regulations govern employee wages, entitlements, and taxes. Ensuring that you...
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Why Doesn’t Paying Above Award Rates Always Ensure Payroll Compliance?
Why Doesn’t Paying Above Award Rates Always Ensure Payroll Compliance?
There is often a misconception that paying above award rates guarantees compliance. While offering competitive wages is an excellent practice, it's...
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