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Episode 18: Payroll Mistakes Are Costly: What Every Australian Business Must Know About Wage Theft Laws in 2025

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Manage episode 483856129 series 3482222
Content provided by EWS. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EWS or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Worried about payroll compliance? You should be. In this episode of HR2Go, host Karen Arnold is joined by Senior Consultant Peter Norrie to unpack how even minor payroll mistakes can lead to massive financial penalties — and even criminal charges — under Australia’s updated wage theft laws from January 2025.

We explore:

  • What a payroll audit really involves

  • Why 99% of audits uncover compliance issues

  • Common award misinterpretations and payroll system errors

  • Real-life cases of wage underpayment and the impact on business reputation

  • Why overpayments can be just as risky as underpayments

  • Practical steps to protect your business from legal risk

Whether you're an SME owner, payroll manager or HR professional, this episode is a must-listen for staying compliant, building trust with staff, and avoiding the devastating fallout of getting it wrong.

🎧 Ready for a payroll health check? Visit ewsolutions.com.au to book a consultation.

#PayrollAudit #WageTheft #FairWork #HRCompliance #SmallBusinessAustralia #HR2GoPodcast

  continue reading

18 episodes

Artwork
iconShare
 
Manage episode 483856129 series 3482222
Content provided by EWS. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EWS or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Worried about payroll compliance? You should be. In this episode of HR2Go, host Karen Arnold is joined by Senior Consultant Peter Norrie to unpack how even minor payroll mistakes can lead to massive financial penalties — and even criminal charges — under Australia’s updated wage theft laws from January 2025.

We explore:

  • What a payroll audit really involves

  • Why 99% of audits uncover compliance issues

  • Common award misinterpretations and payroll system errors

  • Real-life cases of wage underpayment and the impact on business reputation

  • Why overpayments can be just as risky as underpayments

  • Practical steps to protect your business from legal risk

Whether you're an SME owner, payroll manager or HR professional, this episode is a must-listen for staying compliant, building trust with staff, and avoiding the devastating fallout of getting it wrong.

🎧 Ready for a payroll health check? Visit ewsolutions.com.au to book a consultation.

#PayrollAudit #WageTheft #FairWork #HRCompliance #SmallBusinessAustralia #HR2GoPodcast

  continue reading

18 episodes

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