In the past eight months, PittStop Inc has raised sufficient finance to buy out the Independent Service Station (ISS) chain of nine stores and rebrand them all as PittStop Inc service stations. James Murphy plans to continue the expansion until the optimum target of 30 services stations is secured for the Victorian market.
Including the retained staff from the buyout stores, PittStop Inc now has a workforce of approximately 70 employees. The employees come from a wide range of cultural and linguistic backgrounds. A significant proportion has poor English literacy, including poor reading comprehension. Most employees, but not all, have a high-school level of education.
Previously, with less than 20 employees to pay, James and his Finance and Operations Manager, Jack Tan, ran a cash-based payroll system for the four stores. Because of expansion plans across Victoria, the payroll system is inadequate and will need to be completely redesigned. James has employed you, as an independent contractor, to design a new payroll system for the organisation. He has the following key requirements:
– Pay, which was weekly, will now be fortnightly
– A separate payroll register should be prepared for each of the stores
– Pay will be checked and reconciled by each store and then rechecked, reconciled, authorised and disbursed by head office
– The payroll system in all stores will be identical
– The payroll system should be scalable: as new stores are added the payroll system will simply be duplicated
– Records will be kept at stores and duplicates will be stored at head office
– All legislative requirements must be met by the new system.
You will need to plan a payroll system to meet James’s requirements. Prepare a planning document in which you outline steps you would take to establish the payroll system at PittStop Inc.
To support your plan, James has also asked you to provide samples of three policies and procedures documents:
– Security of employee payroll information
– Substantiation of claims for allowances
– One other policy and procedures document to support financial control or the safeguarding of resources.
Finally, James has asked you to prepare a written document describing how both organisational and all legislative requirements are met by each step of your proposed plan. Describe how policy and procedures documents are designed to ensure legislative and organisational requirements.
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