The 4 Pillars of Workforce Compliance
In this whitepaper, Yellow Canary sheds light on the four business functions that lay the foundations of workforce compliance success.
Optimise your pay compliance strategy
With the introduction of the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023, a significant shift in workplace reform is coming, and businesses are prioritising ongoing governance measures. Get the guide to mitigating underpayments and wage theft penalties.
Structure your business for compliance success
The key to compliance success lies in embracing a comprehensive approach across four key functions that goes beyond traditional and routine business processes.
Through the intersection of the four pillars of workforce compliance - legal, workforce planning, payroll operations, and technology - Yellow Canary explores:
- Common compliance challenges and mistakes experienced by Australian businesses
- How organisations can structure their workforce to form a solid compliance monitoring framework
- The processes and best practises necessary for enabling collective compliance success
Download the whitepaper now!
Frequently asked questions
Yellow Canary challenges the traditional approach to workforce compliance. Their automated solutions are designed to support companies navigating the complexities of the Australian industrial relations system, and to enable ongoing compliance due diligence.
While remediation seeks to correct past errors and concerns, it does not necessarily address current issues, nor assist with ongoing compliance. Focusing only on the past leaves businesses exposed to the risk of continuing non-compliance. This in turn does not enable businesses to do the right thing by their employees.
Yellow Canary's Always On Compliance empowers businesses to achieve this objective by utilising automation to detect and resolve payment variances on a monthly basis.
We offer remediation as an add-on to our Always On Compliance solution to cover both historical and proactive reviews.
Australian businesses are under more pressure than ever to maintain and demonstrate workforce compliance. Non-compliance with workplace laws can result in payroll underpayments. This isn’t just bad for business; no matter the intent, underpaying workers can lead to decreased employee morale and lack of trust in the employer. Regular compliance reviews are essential for employers to ensure they’re meeting legal and ethical obligations and that issues do not compound over time.