Employgroup Blog

Legislative Changes- Are you Compliant

31 / 12 / 2015

Some big changes are about to happen in relation to the way Super is fulfilled. Before the end of the financial year all Super remittances will need to be fulfilled electronically in a specified format. At Employgroup we will have the complete process covered so that you can have your contributions fulfilled in a fully compliant manner. 

8 Tips for a smooth 2015 End of Financial Year

25 / 5 / 2015

End of Financial Year (EOFY) can be a very busy and stressful time for Finance Departments and Payroll professionals. The work load doubles, not only does the payroll still need to happen, you have to produce your employees annual Payment Summary. This involves everything from balancing the books for the past 12 months through to ensuring employees receive their payment summaries by the 14th July. A 14 day window to do twice the amount of work, can be overwhelming. 

Step 1 - How to identify what you are trying to achieve: 7 common reasons people outsource payroll

19 / 11 / 2014

If you are reading this it is statistically likely that you are considering outsourcing and that you are looking for methodology and guidance to increase the probability of a good result for your business, whilst at the same time making it easier for you to put the proposal forward. 

Step 5 - How to assess the BUSINESS CASE for and against outsourcing; 8 things you need to know

19 / 11 / 2014

This is where clear forecasts are needed. You are essentially projecting your current business situation as the first scenario and capturing what this scenario means for your business. You can use some straight forward calculations to extrapolate the actual costs of your current approach. You can then compare this to essentially keeping your current staff and change the way that payroll is conducted (assuming of course that you have a desire to still run payroll internally).  

Archives