Neil Perry & the Rockpool Restaurant Empire have been accused of underpaying staff

Have you checked that you are not underpaying your employees?

The Fair Work commission has agreed to raise the minimum wage by another 3.5% as of July the 1st 2018 in addition to a 3.3% increase at the same time 12 months ago. At wattsnext we have seen our clients and SME’s in our network get caught out with a significant 6.8% increase to the minimum wage in Australia in just 12 months. Businesses that have traditionally paid well above their applicable Awards, have unintentionally slipped below in recent times. Often the flow on to staff entitlements, meal allowances and other entitlements can be missed and result in significant back pay situations.

We have seen businesses with collective agreements that refer to rates being a % increase above minimum wage getting caught out.

There has been a significant increase in high profile businesses highlighted in the media in recent times, but we have seen the issue of underpayment is very common in Small Business World. Although usually unintentional; the ramifications of under paying staff, the negative media, PR and cultural damage is long lasting.

Please reach out to wattsnext if you are not sure or would like us to assess your business

The article initially appeared in the Sydney Morning Herald on Sunday the 1st of July.

To read the article, click here

Author: Ben Watts
Ben is a veteran in the HR space- a forward-thinking leader specialising in functional business structures and people performance techniques. With twenty years’ experience managing large ASX listed corporates across multiple industries, Ben adds depth and expertise to our clients' strategy solutions, genuinely providing a commercial result for their investment.