Industrial

Numerous prominent Australian companies, across various industries have undertaken extensive projects to rectify historical payroll errors.

Our client received a few queries from employees regarding misalignment of pay outcomes. Prince Consulting was engaged through their legal partners to review scope according to the highest risk/ complexity payroll compliance areas.

Company Profile

+$7bn

Revenue

+60,000

Employees reviewed

+200

EBAs/Awards

Multiple site agreements

Prince Consulting’s role and approach

Data collection & readiness

  • Source, evaluate and prepare data from +200 sites
  • Data formatting and digitisation to establish a common employee record and support data modelling

Policies and instruments analysis

  • Assumptions and policies developed in partnership with legal teams
  • Instrument analysis to maximise data modelling efficiency

Modelling activation

  • Request for Proposal extensive selection process to agree and appoint modelling partner
  • Model build support data construction and ingestion in model

Delivered outcomes

+60 million

Records sourced, digitised and formatted from multiple source systems

+60

Policies and assumptions developed and approved by legal team and client

+100K

Data files in multiple formats and scanned documents digitised with 98% accuracy

+40

Instruments and sites delivered on the modelling platform in 8 months

+15k

Employees tested and validated in 8 months

Checklist + Comms

Checklist and input – finance, audit, taxation holding communications including employee contact management