Garth Belic tackles payroll issues faced by NDIS providers amid rising costs and regulatory complexities
In Short:
– Garth Belic highlights payroll and rostering hurdles for NDIS providers, including rising costs and intricate award requirements.
– Pay Cat offers software that ensures compliance and provides real-time insights for better financial management.
Garth Belic, founder of Pay Cat, addressed payroll and rostering challenges faced by National Disability Insurance Scheme (NDIS) providers.Providers experience rising costs and low margins, with a reported 2% difference between billing and payroll costs.
Operating under the SCHADS award, the sector encounters complex requirements, including rules for sleepovers, shift work penalties, and broken shift allowances.
Managers often spend several days on manual payroll calculations, diverting attention from supporting NDIS participants.
Recent regulatory changes have increased complexity regarding shift payments.
Pay Cat offers solutions to these issues.
The software automates compliance by generating pay slips that align with SCHADS award requirements.
It also provides real-time rostering insights, allowing managers to assess the financial implications of overtime and allowances during roster creation.
In a pilot program, a client demonstrated proven savings, cutting fortnightly overtime costs from $8,000 to $1,500 using these insights.
The application of Pay Cat’s solutions aims to alleviate administrative burdens while enhancing financial efficiency for NDIS providers.