If you’re a business owner, juggling numerous tasks, from managing operations to resolving employee payroll, is exhausting, to say the least. But what if a solution could take some weight off your shoulders?
Pay Cat’s SCHADS-specific solution for cloud payroll is designed to be a breakthrough for this complicated sector.
What Is It?
The legally compliant SCHADS template can be seamlessly integrated into Employment Hero's software for payroll processing for Pay Cat customers only. The main advantage is its powerful feature to ensure complete compliance under the award.
SCHADS businesses are often left grappling with the right way to ensure award compliance. This vulnerability is not just confined to small and medium-sized enterprises, either. Even major players in the SCHADS landscape have found themselves mired in compliance issues.
Until now.
So, What's The Big Deal?
As we've already made a big impact on helping businesses in the sector handle these responsibilities, this marks a new era of even more streamlined payroll management.
Let's look at why this is such a big deal for your business.
- Firstly, our solution assures compliance with the SCHADS Award, a complex payment system. With this new handy service, you can leave the puzzle-solving to the professionals and ensure your employees are paid correctly and on time without stressing over dissecting the award's complexities.
- Secondly, the software is cloud-based. Meaning, no more time spent updating the system or fear of losing vital details to a computer crash. You can access it anytime and anywhere, giving you greater control and flexibility over your business procedures.
- Lastly, this solution will free up your valuable time, allowing you to focus on more important aspects of your business and leaving the payroll calculations to Pay Cat's innovative software.
SCHADS Award Compliance Matters
If you're wondering if knowing all the ins and outs of the SCHADS compliance field really makes all the difference, it absolutely does. SCHADS Award compliance isn't just a reflection of a business's integrity and dedication to treating its employees fairly—it's also a legal obligation.
And, like any legal obligation, failure to comply can result in significant penalties. Most businesses over-pay in the hope that this will keep them compliant - eating into profitability, while others inadvertently underpay, resulting in unexpected backpay, fines and penalties enforced by Fair Work.
Building a Comprehensive Solution
This also involved tackling the contentious award interpretations by using Fair Work rulings, so that we could take out any ambiguity for our clients. If you are interested in understanding the deals regarding the award interpretations, you can find that here.
Key Takeaways
- Pay Cat has launched a cloud-based payroll template that integrates with Employment Hero Payroll specifically for SCHADS award compliance.
- This innovative software offers a stress-free, time-efficient method for business owners to stay compliant.
- It ensures accurate payment of wages and entitlements in line with SCHADS criteria.
- Enables you to keep up-to-date with ever-changing rules and obligations seamlessly.
- End-to-end payroll processing combined with award interpretation reduces administrative load.
- The solution offers comprehensive reporting with integrated auditing and tracking abilities.
- Saves considerable time and resources, allowing business owners to focus on other areas of their business.
Want to see how Pay Cat can help your SCHADS-related business? Book a demo now.