Ep 60: Payroll management: what system to use?

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In this episode, Stuart and Mena discuss how to manage your payroll to ensure you comply with employment laws. 

• Key factors that you must consider 
• Options: use a basic system or get a dedicated system
• Human Resource Information System (HRIS) such as Employment Hero includes recruitment, onboarding, management (staff reviews), timesheets/timecards, etc. 
• Ongoing management by your bookkeeper – you just approve the payments. 

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IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.