CHALLENGE
We were engaged, in collaboration with a payroll processing and training company, to conduct a comprehensive payroll review for a client with multiple retail locations. The aim was to ensure compliance across all sites and address any payroll discrepancies that might exist.
OUR APPROACH
We reviewed a sample of employee records from various store locations. This involved checking for data entry errors, verifying entitlements, and ensuring that all payroll calculations were in line with compliance standards. Over the course of a couple of months, we identified a range of issues that needed addressing..
FINDINGS & OUTCOME
We found multiple compliance issues, including incorrect data entries, miscalculated entitlements, and conversion errors that had resulted in non-compliance. Working with the payroll processing and training partner, we were able to quantify the financial impact and provide a clear plan for corrective measures. This included retraining staff and implementing better payroll processes to prevent future issues.
RESULT
As a result, the client was able to correct their payroll and remain compliant, avoiding potential penalties and ensuring fair and accurate compensation for their employees. This case highlighted the importance of regular payroll reviews and proper training to maintain compliance across multiple locations.
