It’s almost that time of the year: 31 March 2023 is the end of financial year (EOFY) for most businesses and organisations in New Zealand. For payroll managers everywhere, this is one of the busiest times of the year when it comes to managing a company’s payroll. There are lots to remember and tick off
Category Archives: HR & Payroll
HR & Payroll, News & Updates
How to boost your brand and attract top talent: Employee Value Proposition (EVP) cheat codes
Salary hikes are top of mind for many employees during periods of inflation, which means that the cost of doing business is equally steep. Is your EVP helping you to attract and retain the best candidates? According to Gartner, organisations invest an average amount of $2,500 per person on employee experiences each year, making it
Human Resource departments are a critical component of any business. They play an essential role in managing the recruitment process, onboarding new hires, keeping a record of staff wages and benefits, also handling employee disputes. The right HR software can make a huge difference in streamlining operations and reducing costs. Let’s explore some of the
On Tuesday, 25 October 2022, Treasurer of Australia, Dr Jim Chalmers handed down the Mid-Year Federal Budget with updates to key economic forecasts. To complement the budget announcement, ReadyTech held a webinar on Thursday, 27 October to provide highlights and explore the impacts. The highlights of the webinar and takeaways from the Budgent announcement include:
End of each financial year can be a stressful time of year for anyone working in Payroll. As the conduit between Finance and HR, the pressure to support these two other business areas often peaks around this time of year. Some factors adding to the pressure may include: The timing of employee review processes aligns
Today we’re excited to launch our fresh new logo and rebranding of PhoenixHRIS as Ready Employ powered by Phoenix. As announced earlier this year, PhoenixHRIS was the latest online recruitment and onboarding platform to join the ReadyTech family. We are excited about the new brand, as it marks the next evolution in our journey, united
The Fair Work Commission decided to change piecework rules in the Horticulture Award, effective from 28 April 2022. Pieceworkers covered by the Horticulture Award, are employees who get paid by the piece. Their pay is based on the amount the employee has picked, packed, pruned or made. Which businesses does this affect? The businesses under
What is Single Touch Payroll? Single Touch Payroll (STP) is a payroll reporting system introduced by the Australian Taxation Office (ATO) back in 2018. Originally for employers with 20+ employees, it was extended to cover all employers in 2021. There have now been over 13 million employees’ payroll information reported via STP. The introduction of