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Why and when should you outsource payroll? Which type of small business is better off outsourcing to a payroll company?
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Outsourced payroll solutions are for all sized businesses. Historically, it was considered a benefit for only large organisations, however small to medium enterprises can take advantage of reducing costs, have comfort in knowing that all legislative requirements such as superannuation, PAYG, payroll tax, workers’ compensation and all other employee related reporting, will be carried out by professional payroll staff. Outsourced payroll provides Managers and Business Owners the opportunity to do what they do best, run their businesses. Focusing on back office administrative and non-profit generating activities such as payroll, distracts business owners from the daily business of running their organisations.
Nathalie Lynton, Director at Shared and Halved Consulting
Hi Yee,
There is a scale yes depending on their length of service. Plus depending on their age they may also be entitled to and an extra week.
It may also depend on if they have an award, what the employment contract says, if they have enterprise agreement or other registered agreement.
As your question relates to a legislative matter I would suggest you use the notice calculator on the Fair Work site.
You can also call the Fair Work helpline on 13 13 94.
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