Lets take a look at some of the new Employment Hero Payroll features announced in September 2024
Employee self-setup changes
EH have removed the "Add Later" button from the Employee Self Setup superannuation selection process. This change is aimed at fostering greater engagement with superannuation at a key moment when employees are prompted to think about their financial future.
Why Are EH Making This Change?
- Encouraging Active Engagement: We strive to encourage employees to actively consider their superannuation choices. This is a crucial moment when employees can choose a fund that best suits their circumstances rather than deferring this important decision.
- Reducing Administrative Burden: For HR and payroll teams, this change will reduce the administrative follow-up required when employees delay their superannuation selection. It ensures that super is taken care of upfront, in a compliant and secure process.
- Making Super Tangible: Superannuation is often seen as something distant or abstract, especially by younger Australians. By prompting a decision during onboarding, we help make superannuation more tangible, encouraging employees to think about their financial future right from the start.
Additional ATO 2FA Requirements
Following the ATO’s updated requirements, from 5 September 2024, 2-Factor Authentication is now required for Employees and Managers when accessing the following details:
- Super Funds
- Bank Accounts
- Tax Declaration
- Pay Slips
- Payment Summaries
Custom Payroll Report
Users can now create custom reports and save them alongside other existing reports for future use. Pre-existing report templates can be selected, or a new report can be built using a range of display column options. The report columns can also be easily organised by dragging and dropping them into the preferred order.
Any created custom reports can be added to report packs and will be available for selection when managing user access. Custom reports can be created by going to the Reports section within Payroll settings.
For more information: Create and download a custom report