Listed entity says it corrected the issue and notified oversight agencies
The Federal Court of Australia Listed Entity has shared that it has found and remedied a payroll configuration issue that impacted certain casual employees who recorded under four hours on their timesheets.
According to the Federal Court’s media statement, in those cases, the casual employees did not receive the four-hour minimum engagement entitlement, as mandated under the pertinent enterprise agreements.
Per the listed entity, the issue impacted 152 of its past employees and 96 of its present employees after August 2018.
The listed entity estimated the average gross underpayment for each employee at $219, excluding interest. The listed entity approximated total remediation payments at $77,000, including superannuation and interest.
“The listed entity regrets these payments were not made in accordance with the relevant enterprise agreements,” said the Federal Court’s media statement.
In the media statement, the listed entity noted that it had identified the issue with the aid of payroll assurance and control procedures. The listed entity added that it had informed the relevant oversight agencies.
The listed entity said it plans to keep reviewing and improving payroll controls and working to ensure effective systems and processes that fulfill the relevant legislative and policy requirements.
The listed entity shared that it is focusing on punctually paying the entitlements due to the current and former employees impacted by the issue.
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