Award Interpretation: Software Solutions That Really Work

If you are an
Australian employer, you will know all about award interpretation and just how
difficult it can be to actually comply, and while this can present a major
accounting nightmare, there are specialised software solutions that, once
configured, will calculate everything on your behalf. This system was set up by
Fair Work Australia in 2010, award interpretation covers many aspects of
working conditions that include:

• Rate
  of pay
• Working
  hours
• Breaks
• Penalty
  rates
• Overtime

There are more
than 100 award interpretations covering a wide range of industries, and
non-compliance can result in heavy fines, so it is essential that you comply in
every respect.

What Award
Interpretation Software Can Do

If you invest in
state-of-the-art award interpretation software, you can enjoy the following:

• Accurate Payroll – The software can work with multiple
  awards and ensures that your payroll is always correct, while it also
  incorporates allowances, penalties and accruals.
• Individual Flexibility Arrangements – Inbuilt roster choices allow you to
  comply with employee choices without having to fill in paperwork.
• Payroll Integration – APIs support many Payroll and HR
  platforms, enabling you to integrate and not have to duplicate data, which is
  very time consuming.
• Configuring Rules – Schedule, work and business rules can
  all be configured and constant compliance is assured.

Once the system
has been configured, you have a fully automated way to ensure award
interpretation compliance that will save your employees a lot of time.

Online
Solutions

If you would like
to learn more about award interpretation solutions, an online search would help you locate a
leading software developer and they would be happy to demo their product and
answer any questions you might have. When you factor in the time and effort
that is required to make sure you are award interpretation compliant, the
obvious solution lies with a special software package that is designed for the
easy application of accurate award interpretation.

Decades of
Development

The leading
software developer has been improving accountancy software that is in
compliance with Fair Work for many years, and the latest version really
automates award interpretation, with many options and tools that can be
configured to run automatically, as well as working with your other HR and
Payroll systems.

Traceability
& Compliance

The great thing
about award interpretation software is it guarantees compliance, while making
the necessary adjustments within a set configuration, and with so many options,
award interpretation is no longer the headache it once was. Every configuration
change is recorded, so you can easily trace back steps to identify changes and
when they were made.

Failure to
Comply

In the event a
company failed to comply with Fair Work, they could be fined many thousands of
dollars, and without state-of-the-art software, non-compliance is a very real
possibility. Rather than constantly checking and double checking that you are
in line with Fair Work, search online for a leading award interpretation software
developer and you will not regret it.

Make sure that
your business is always Fair Work compliant by using a top award interpretation
program from a leading software developer.