How WageSafe Works

Every pay period, the WageSafe award interpreter applies logic to each employee’s time and attendance records to enable a real-time comparison of ‘actual’ payroll versus ‘audited’ payroll results.

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Your WageSafe Dashboard

WageSafe provides you with results for both underpayments and overpayments, and cross-references operational results to categorise which stores require help or other action:

Action/Audit (red)
Watch (amber)
Leader/Benchmark (green)

Furthermore, your dashboard will also illustrate the following:

Your Metrics: Agreed key performance indicators provide a “balanced scorecard” for compliance.

Compliance Benchmarks: Benchmarking set minimum standards for reviews and rankings to provide context.

Employment Analytics: The “balanced scorecard” for compliance provides context for overall compliance.

How it works

Payroll Monitoring

WageSafe automates the interpretation of the award and calculates what should have been paid and then compares this to the actual payments.

Award Interpretation

We utilise thousands of manual calculations of award payments done by our team, and converted these into algorithms that automate correct interpretation.

Real-time Analytics

Automation of the comparison of what should have been paid and what has been paid allows us to provide analytics that illustrate gaps.

Self-Service Dashboards

Easy to understand and intuitive to use.The dashboards allow drill down into meaningful discrete business units for your market- and field managers.

Helpful Benchmarking

Results for key payroll metrics across your network are aggregated so you can understand what the average and top performers are able to achieve.

Risk Area Identification

By linking employment data to other key indicators such as sales, we can help you identify high-risk areas where labour costs are “too good to be true”.

Tailored Notification

You will be able to specify if you would like to be notified when certain results, such as a store’s underpayment magnitude, are triggered.

Visualised Risk Scoring

WageSafe provides an in-built measure of risk using a combination of the % of underpayments combined with benchmarks and point of sale metrics.

No more expensive auditing of sample periods and random spot checks! With Wagesafe you can be sure employees are paid correctly by getting insight into payroll data in real-time. 

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