Inside Retail

APRIL 15, 2021

Companies in New South Wales that avoid paying payroll tax on unpaid wages could soon face significantly harsher penalties, as part of a NSW government plan to crack down on wage theft in the state. In NSW, employers are liable for payroll tax if their annual wages are above $1.2 The current rate is 4.85%. The current rate is 4.85%.

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Retail Minded

FEBRUARY 12, 2024

However, when it comes to payroll, errors can be costly – in more ways than one. Did you know that companies, on average, make 15 payroll mistakes per period and that each one costs an average of $291 to be remedied? So, what are some common payroll mistakes? Everyone makes mistakes; it’s just a simple fact of life.

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Retail Smart Guys

FEBRUARY 15, 2024

Let’s face it, managing payroll can be a complex and time-consuming task. Allow me to share a personal recommendation from Retail Smart Guys , which has proven to be a transformative solution for our clients – our Payroll and Billing Data Entry services. We also understand that each business is unique. We’re always happy to help.

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Small Biz Trends

JANUARY 3, 2023

Small businesses can handle information reporting in-house or outsource it to their accountants, payroll companies, or other businesses designed for this purpose. Gather all payroll information. This article, " Getting Ready for Payroll and Other Tax Reporting " was first published on Small Business Trends. Any questions?

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National Retail Solutions

AUGUST 28, 2023

Introduction Managing payroll efficiently is critical for small businesses. Payroll typically represents a significant expense, so minimizing errors and controlling costs is important. At the same time, employees rely on accurate and timely compensation as a key factor in job satisfaction and retention.

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Retail Wire

DECEMBER 17, 2021

Kronos said on Monday, following a major ransonware attack over the weekend, that its cloud-based payroll services would be down for “several weeks.”

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365 Retail

JANUARY 23, 2024

The post Lidl GB Elevates Employee Wages in £37 Million Payroll Expansion appeared first on Retail News and Events. This comprehensive approach to employee welfare underscores Lidl GB’s commitment to its workforce, reinforcing its standing as an employer of choice in the retail industry.

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Retail Minded

SEPTEMBER 21, 2021

Payroll is one of the processes that must run smoothly to keep employees happy and reduce turnover. Here are six ways retailers can streamline their payroll process to ensure everyone gets paid correctly and on time. Fortunately, payroll is one of those business functions that’s practically designed to be automated. .

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Retail Minded

NOVEMBER 10, 2021

Small retailers don’t often have enough cash flow to outsource their payroll, but if you look past the upfront costs, you’ll actually save significantly over time. What’s more, outsourcing payroll improves the employee experience and supports business growth. How Retailers Can Implement Payroll Outsourcing in 6 Steps.

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Inside Retail

AUGUST 1, 2023

“Since 2019, the group has undertaken an extensive end-to-end review of its payroll systems and processes. ” Robert Hortle, the commissioner of Wage Inspectorate Victoria, said employees expect businesses with significant payroll resources to get this “stuff” right.

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Inside Retail

JULY 2, 2023

This followed an initial review of our employment compliance standards, which informed us that there was an oversight in our rostering process and within our payroll system, resulting in a number of store staff members being underpaid,” the retailer said.

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Retail Wire

MARCH 15, 2023

Meta plans to lay off about 10,000 employees, roughly 13 percent of its workforce, in a second round of job cuts at the company. The parent company of Facebook and Instagram laid off 11,000 employees in November.

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Retail TouchPoints

JANUARY 15, 2024

Overall, store managers have been able to save 6% on payroll annually and reduce time spent scheduling from approximately three hours to 30 minutes a week. Because store managers can better assign tasks and build shifts, Office Depot has been able to reduce overtime costs by 95%.

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Retail Gazette

APRIL 23, 2024

The retailer’s staff have also been affected by the cyberattack, with its 3,000 workers reported unable to access payroll information. Carpetright told the Daily Mail that the virus was isolated before any customer and employee data was taken.

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Retail TouchPoints

OCTOBER 27, 2020

Self-service programs may require employers to fund the process, reconcile amounts with payroll and answer employee questions about their on-demand pay, among other things. If not, your payroll team will be tasked with offering this support to employees, which will be expensive and labor intensive. based dedicated agents. chat, email).

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Inside Retail

JUNE 4, 2023

Coles says it has provisioned a further $25 million to cover possible underpayments to the salaried management staff of its retail businesses as it continues an internal probe into its payroll.

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Retail Times

FEBRUARY 27, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Dayforce, Inc.

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Inside Retail

MAY 30, 2023

According to SMH , the Downing Centre Local court found that while the underpayments were “not deliberate”, they occurred due to a “lack of care and diligence relating to the retail group’s payroll obligations” The court found the offences were “serious and widespread” and fined the retailer $29,000.

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Retail Wire

JANUARY 6, 2023

Stitch Fix informed salaried workers that it plans to cut 20 percent of them from its payrolls. It also announced that Elizabeth Spaulding is leaving as company CEO and will be replaced on an interim basis by founder Katrina Lake.

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Inside Retail

JULY 12, 2021

Businesses that have seen at least a thirty per cent decline in turnover due to the Sydney lockdown are eligible for payroll support payments of up to 40 per cent of their total payroll.

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Inside Retail

JANUARY 10, 2023

According to a statement provided to Inside Retail by The Iconic, an internal review of the company’s payroll systems identified underpayments and overpayments of casual employees – with 814 current and former employees impacted between 2013-2020. million. “The

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Retail Focus

AUGUST 8, 2023

Payroll Processing Handling payroll intricacies can be time-consuming and complex for retailers. By outsourcing payroll management, timely salary disbursements, tax deductions, and labor regulation compliance become hassle-free.

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LS Retail

JANUARY 10, 2024

©iStock/WANAN YOSSINGKUM There are many considerations to be made when taking a business global. These are just a few. There are more.

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RIS News

OCTOBER 18, 2023

Specialty tea retailer Boba Tea Company is elevating its workforce strategies, tapping into artificial intelligence to power its HR and payroll efforts.

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Inside Retail

JUNE 28, 2021

According to Perrottet, the state government will provide payments to businesses with up to 20 full-time staff, or which have payrolls up to $1.2 The Government has also committed to payroll tax deferrals and an extension of the Dine & Discover program to August 31. million a year, with turnover of $75,000 a year.

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Retail TouchPoints

JANUARY 12, 2024

The purchase amount is automatically deducted from the employee’s payroll account, a major benefit for doctors, nurses and other staff people who often don’t carry wallets or purses while they’re working.

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Retail Wire

SEPTEMBER 23, 2022

said an error occurred when the company outsourced its payroll to a third party. Department of Labor investigation found that Back’s Barbecue took $230,353 in tips from its wait staff and turned it over to managers at its restaurants. Kent Black, grandson of original Black’s Barbecue pit master Edgar Black Sr.

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Retail TouchPoints

SEPTEMBER 23, 2022

the 40,000 employees that Walmart plans to add to its payroll for the holiday sales season. The retailer is hoping the higher starting wage range it announced in February 2022 , $15 to $24 per hour, will streamline its holiday hiring plans despite ongoing labor shortages. Target’s target is 2.5X

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Retail Wire

JANUARY 26, 2023

Saks.com cut about 100 workers from its payroll. Saks Off Fifth laid off an unspecified number of workers on Tuesday. Stitch Fix, Wayfair and others have also cut job cuts the start of 2023 as they attempt to operate profitably.

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Inside Retail

MAY 20, 2021

Parts of the business community are up in arms after the announcement of a payroll-based ‘mental health levy’ to be imposed in Victoria, according to State Treasurer Tim Pallas. per cent surcharge on payroll tax for businesses with wage bills exceeding $10 million, and adds on another 0.5 per cent for those above $100 million.

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Retail Wire

MARCH 8, 2023

percent, according to the payroll services firm. ADP says private sector employers added 242,000 jobs in February, well above the 205,000 expected by economists surveyed by The Wall Street Journal. Annual pay is up 7.2

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Inside Retail

DECEMBER 1, 2022

Be careful of business email compromises & watch out for payroll scams: In payroll scams, cybercriminals impersonate employees in an attempt to trick staff into redirecting funds to the scammer. Staff working in HR, payroll or finance are most at risk. Frequently check your bank accounts for any unusual activity.

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Retail Wire

SEPTEMBER 29, 2021

The retailer said it is looking to add 20,000 to its permanent payroll in supply chain jobs. Walmart is planning to give its existing workers extra hours heading into the holiday season and add 150,000 new employees for the holiday season in both full- and part-time roles.

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Retail TouchPoints

AUGUST 24, 2022

Prior to being appointed to his new role, Hunter led implementations including a harmonized payroll platform for QVC and HSN. “We The three-year plan aims to stabilize revenue, expand adjusted OIBDA ( operating income before depreciation and amortization ) margin and generate incremental free cash flow.

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Inside Retail

AUGUST 15, 2023

“This follows a long-standing request from SDA that Harris Scarfe audits its payroll in the wake of the history of significant underpayments by major companies in the retail sector.” . “The SDA has recently recovered tens of thousands in lost pay for several salaried workers at Harris Scarfe.

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Inside Retail

FEBRUARY 23, 2022

In its half-year results yesterday , Australia’s largest private employer Woolworths Group declared that it found another $144 million in staff underpayments through its own payroll system review – bringing the running total to around $550 million.

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Retail Wire

MAY 5, 2023

Payrolls came in better than expected, the unemployment rate fell, and wage growth reaccelerated; all of these data points show that the labor market remains on somewhat solid footing,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. percent from 3.5 percent in March.

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