With the launch of the National Payroll Awards and National Payroll Week (NPW) just around the corner, March has well and truly become Payroll Month!
For the majority of us, we don’t think twice when our wages are lodged
into our bank account or we receive of pay slip at the end of the week or month,
and rarely do we need to converse with the Payroll department.
While Payroll is often overlooked, it is one of the most highly regulated functions within a business.
Compliance with complex Federal and State legislation, terms and conditions of
employment and business policy is critical, and if that’s not enough Payroll
Officers are often asked on a regular basis to pick up other roles.
Yet, despite
all these challenges, the Payroll team must remain focused and
accurately process our pay on time, every pay run.
However, during NPW it is Payroll’s time to shine! All over Australia, Payroll
staff are encouraged to celebrate their profession and spread the word about
the important role Payroll plays in their organisation.
As part
of the week’s festivities, the Association of Payroll Specialists (TAPS) are
running a Poster Campaign and Photo Competition. In addition, the Payroll
Ambassador Award ($1,000 prize from ADP) is up for grabs.
For full details see: http://www.payroll.com.au/npw.html
But wait, there's more! Entries for the Inaugural National Payroll Awards are also open up until 23
March. Prizes include $2,500 for the 2012 Payroll Professional of the Year and
a prize pool of up to $3,000 for the 2012 Payroll Team of the Year.
To enter, CLICK HERE or visit the Australian Payroll Association online for
more info.
“At Mitrefinch we are big supporters of National Payroll Week, and are
delighted to acknowledge the fundamental role that payroll plays in every
business”, said Jamie Fitzsimons, Mitrefinch Marketing Manager.
“Payroll is an
extremely important component of every worker's life. Yet, the challenges
involved with processing our pay is something that many of us take for granted.”
"Having qualified payroll personnel as well as a user-friendly system to help
automate payroll processing can significantly reduce error, offering huge cost
savings".
Mitrefinch’s Time Management Solution, TMS, is used on a daily basis by
payroll teams and HR professionals. TMS can automate the calculation of hours, rates,
awards and entitlements and this data can be easily passed through to the
organisation’s payroll or accounting system – cutting payroll processing time
and costly errors.
To find out how Mitrefinch Time and Attendance Solutions can make your job a
whole lot easier contact us today on 1300 884 831 or sales@mitrefinch.com.au
