Wage theft & understanding payroll underpayments
Every week another report of payroll underpayments hits the headlines. Organisations of every size and sector are admitting to mistakenly underpaying employee entitlements. Directors of companies that underpay their workers are at risk of being personally liable for breaches of the law. This could include personal liability of directors for the entire amount of underpaid entitlements, as well as significant penalties. Directors could soon also face the risk of jail time for deliberately and systematically underpaying employees.
In this session, we will talk about how and why wage underpayments are occurring, the penalties and approach of the Fair Work Ombudsman if an issue is identified and how they should be rectified and how a Director can satisfy themselves that they have all the information to know they are paying employees appropriately. Highly relevant for those serving on boards in the private, listed and Not For Profit sectors.
Join WOB Executive Chair & Co-Founder, Ruth Medd as she facilitates an engaging discussion with partner at McGrathNicol, Janine Thompson, and labor, employment, and workplace health and safety matters specialist at Jones Day, Aimee Donjerkovich about what you can do to detect under payments and the steps you can take to avoid them occurring.
Janine Thompson - Partner, McGrathNicol
Janine is a partner at McGrathNicol, a Chartered Accountant and a CAANZ Forensic Accounting Specialist with almost 20 years of experience working on a broad range of dispute advisory and forensic investigations assignments in Australia. Janine also has a background in internal and external audit in Australia and the UK.
Janine has been involved in a number of payroll recalculation exercises, Fair Work reporting and engagements involving the interpretation of large data sets. Most recently, Janine has led an engagement to quantify discrepancies in actual payroll paid compared to entitlements for a retailer, an aged care centre and a financial service entity.
Aimee Donjerkovich - Associate, Labor & Employment, Jones Day
Aimee's practice focuses on labor, employment, and workplace health and safety matters. She regularly advises clients on redundancies, termination of employment, misconduct, performance management, sexual harassment, privacy obligations, freedom of information requests, statutory entitlements, workplace investigations, discrimination, workplace bullying, and workplace health and safety.
Aimee frequently drafts and reviews employment agreements and workplace polices for clients and advises them on their obligations under federal and state Australian workplace relations legislation. Aimee also assists clients with general protection applications and unfair dismissal applications in the Fair Work Commission, and she has been involved in employment law disputes that have progressed to the Federal Court of Australia, the District Court of Australia, and the Federal Circuit Court of Australia.