Historic Remediation
Prince Consulting is a trusted partner for executives and boards. We work with organisations to provide advisory services related to payroll and regulatory compliance. We orchestrate and deliver end to end workforce remediation outcomes, spanning payroll remediation through to continuous compliance programs
Historic remediation
Prince Consulting is a trusted partner for executives and boards. We work with organisations to provide advisory services related to payroll and regulatory compliance.
We orchestrate and deliver end to end historic remediation and payroll compliance outcomes.
We understand historic remediation is complex. We sit client side as advocates and partners to manage end to end delivery outcomes.
Our services
Program management & governance
- Detailed remediation roadmap with milestones and dependencies
- Define roles and responsibilities across project team and steering committees
- Proactively identify and manage risks
- Coordinate legal, modelling & delivery teams
Data insights and
enrichment
- Compile data sets and evaluate completeness
- Format, digitise and scan where necessary
- Data quality assurance
- Apply interpretive logic to enrich the data with compliance-relevant elements
- Map enriched data against instrument obligations to calculate variances
Legal interpretations and policy development support
- Support legal teams develop interpretations and pay rules
- Instrument review and finalisation
- Positions classifications review
- Develop policies and assumptions to support modelling
- Test alignment between interpretation and application.
Data modelling support
- Data reformatting and standardisation into consistent structures across sources
- Create load-ready datasets with appropriate metadata
- Ingest data into the modelling environment
- Maintain an ingestion log with source, transformation steps, and quality checks
Stakeholder communication
If issues are identified, communications support for –
- Executive and Board
- Regulators
- Self report to Fair Work Ombudsman
- Australian Taxation Office, State Revenue Office & Workcover
- Critical stakeholders
- Media briefing
Ongoing compliance
- Target operating model
- Continuous reconciliation
- Half-yearly or yearly reviews
- Training
- Processes and system change
Why Prince Consulting?
Industry expertise and project management
- Payroll remediation & compliance specialists
- Expert program management, co-ordinating industry best legal, modelling & delivery teams
- Specialists in time & attendance systems
- Relationships with Australian Taxation Office, State Revenue Office & Workcover authorities
Partnering
- We partner with clients to deliver optimal program outcomes
- We work with Australia’s best and largest – law firms, data modellers & workplace relations
- Market scan (Request for Proposal), appoint and manage expert modelling vendors for best value and outcomes
Modelling and
analytics
- Industry best data management and analytics
- Outputs are clear, auditable and designed to support legal, financial and employee communication needs.
- Data visualisations, dashboards and exception reports for executive and governance review.
- Modelling validation in partnership with organisation’s subject matter experts to finalise results