Situation and client profile

In recent years, there has been a notable increase in the frequency of wage remediation projects across Australia. 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.

Profile:

  • +$7bn revenue
  • + 60,000 employees review
  • + 200 EBAs/Awards
  • Multiple site agreements

Prince – role and approach

  • Discovery phase – Prince partnered with our client to undertake a discovery phase of work. Findings and recommendations of the review resulted in formalisation of a payroll compliance remediation program of work.
  • Prince implemented a structured delivery approach to fast track the client’s remediation program –

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 & policies – developed in partnership with Legal teams
  • Instrument analysis – to maximise data modelling efficiency

Modelling activation

  • RFP – 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 comms including employee contact management