Upcoming on demand webinar series: Holidays Act Deep Dive - Provision, Portion & Payment. Register here
Don't miss out on the payroll opportunity
Payroll compliance is a hot topic with widespread reporting of Holidays Act calculation issues and remediation payments. According to MBIE, New Zealand workers are owed more than $2 billion in lost holiday pay, affecting up to one third of all employees in the country.
Right now, payroll is a huge opportunity for savvy Chartered Accountants.
One of the most common problems is using payroll systems that accrue annual leave based on the hours or days an employee works.
Following the very latest Holidays Act guidance from MBIE, PayHero stores employee leave balances in weeks to make it easier for companies with staff who work variable hours or have changing work patterns to get their leave entitlements correct.
Payroll & FinanceBlog
Understanding New Zealand’s payroll compliance nightmare
With Australian company MYOB notifying small businesses recently of problems with how its New Zealand payroll products calculate employee leave, the Holidays Act compliance nightmare is no longer just a problem for large employers.
August 13, 2020
Holidays Act Deep Dive Webinar Series
This webinar series will look at each of those steps in more detail, with a range of real life examples. In that session we explained the main Holidays Act compliance issues in New Zealand, the scale of the problem and how to account for leave.
Untangling Holidays Act Compliance with PayHero
Learn how to answer the most common leave and payroll compliance questions and help your clients move forward with the confidence they’re paying their employees right.
Pay employees right with PayHero
PayHero is perfect for Kiwi companies that want stress-free and compliant online payroll. Especially those with part time and mobile workforces, who face unique challenges tracking employee time accurately and calculating the right holiday entitlements for their staff.
Better yet, the key elements that feed into payroll are all included - employee leave management; fully automated payday filing; expense claims and reimbursements; automatic calculation of public holiday entitlements; rest and meal break management; and deep integration with Xero.
“Client feedback has been overwhelmingly positive, especially around time savings, simplifying public holiday payroll calculations, and generally reducing stress around payroll.”
The payroll partner you've been looking for
Time tools for any business
PayHero streamlines the employee timesheet process with online, mobile, GPS or clock in/out options delivering accurate employee hours straight into payroll.
Put your payroll on AutoPilot
You can set your pays to run automatically. We’ll send the payroll admin or business owner an email with all the details and they can finalise the pay without having to login.
When you finalise a pay, transfer the funds with a Pay Now POLi payment, or use our industry standard bank batch file, leaving your clients in complete control of their finances.
Free payroll & partner benefits
Accounting firms that partner with PayHero get a free payroll account for their practice and preferential pricing for clients.
Deep Xero integration
Connect to Xero and automatically assign wage costs to different account codes or tracking categories.
Our friendly local support team knows their stuff and partners get priority support. With over ten years of NZ payroll experience, we’ll help you with any curly questions.