ClockOn's Support Manager, Matthew Abbott, runs through the preparation and process for your final EOFY STP submission.

ClockOn’s Support Manager, Matthew Abbott, explains the changes that we have introduced into the ClockOn system to enable you to meet the ATO’s new STP requirements

Payroll software is vital because it ensures employees are paid correctly and on time. It automates wage calculations and maintains compliance with Australian regulations.

An outsourced payroll may sound like a strange idea at the outset – why entrust your company’s finances to people outside the company? – but the data shows that more businesses are switching to it. Statista shows that payroll outsourcing statistics have been on the rise for the past few years, with many businesses considering payroll outsourcing as an essential part of their operations.

When managing payroll, businesses have two main options:

In-House Payroll – You build and manage a payroll team internally.

Outsourced Payroll – You hire a third-party provider to handle payroll for you.

But which one is the best fit for your business? Let's break it down.

When deciding on the termination of an employee, you need to apply procedural fairness and maintain their necessary track records to streamline the decision-making process. Once you have reached a fair decision, it's time to work on your employee's final pay. Now, most employers will get confused and often wonder - do I need to pay the terminating employee annual leave loading? 

Hiring the right candidate plays an essential role in the growth of the company. A candidate with the right talent, skills, and knowledge will help your business thrive in this ever-growing competitive world.

One of the best ways to hire a talented candidate is by focusing on an effective and engaging job description. Putting your efforts into crafting a detailed job position description can bring in a wide range of highly talented candidates into your pipeline and ensure you hire a suitable one for the job.