You are the payroll office of Wamco. You are new to the role. When reconciling the payroll
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Question:
You are the payroll office of Wamco. You are new to the role. When reconciling the payroll reports, you noticed that employee Lisa Jones has had her superannuation guarantee underpaid for twelve months (1 July 2019-30 June 2020.) Her superannuation guarantee was paid at 9% of her salary of $50,000 per annum. In an email to the payroll manager your task is to:
- Calculate the shortfall
- Include details of any legislative breaches
- Suggest ways to correct the error
- Processes that can be put in place to avoid these errors in the future
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