Australian minimum wage increases made easy
Simplify annual wage increases with foundU’s powerful workforce management software.
You’ve just found a minimum wage increase tool that you can count on
Easily adapt to The Fair Work Commission’s annual minimum wage increases across all relevant awards.
Strengthen payroll compliance
Be confident that national and award minimum wage increases have been rolled out correctly for every position and location in your workforce.
Reduce admin
Seamlessly prepare for minimum wage increases and save time on introducing the changes during the busy end of financial year period.
Schedule increases in advance
Give yourself plenty of time to prepare by setting effective dates and percentage increases for both pay and charge rates.
Schedule minimum wage increases
Simply set the effective date and percentage increase for your wage increases and watch them roll out for every position and location in your workforce. foundU enables you to choose the applicable awards to which the increases should apply and set new rates with the option to override and check any rounding. You can also address above-award rates separately if you want to pass the increase along.
Complete annual wage increases in minutes
Since foundU’s minimum wage increase tools are built in with its core workforce management features, all rosters, shifts, leave applications, and draft pay slips coming after the effective date you have set will be automatically updated. As shifts are approved, draft pay slips will be updated with live calculations, helping you to assess the impact on your future wage expenses. Import your new rates into foundU’s rates book feature if you also need to increase the amount you charge your clients.
Gain constant compliance assurance
Even the smallest rounding error can result in major underpayments across your workforce. However, foundU gives you more control over payroll and minimum wage increases than you’ve ever had before. You can even automatically transition employees to new positions or rates depending on scheduled changes, making it easier to manage aged-based awards or training roles.
The rate rise section makes life a little bit easier when it comes to wage increase time. Being able to manage it in the system and put in an effective date makes the process that little bit easier.
