![]() So, how does one go about processing payroll on a daily basis? RELATED READING: Real time payments for workers explained How daily payroll works With daily payroll, workers get their wages every day. With traditional bi-weekly payroll, workers are paid every other Friday (or whatever day of the week your business designates). What is daily payroll?ĭaily payroll is a way for businesses to process payroll and pay their workers every day for their work. The business advantages are clearly there and running daily payroll isn’t as hard it sounds. Offering daily pay to workers is attractive to potential candidates and a driver of retention for existing staff. For many, getting paid every day would be deeply beneficial to their financial health and not just a perk. While the standard payroll cycle can work for some workers, data shows that 68% of workers today are living paycheck to paycheck. Today, businesses are grappling to find competitive advantages in one of the tightest labor market’s in recent memory, and a daily pay benefit could be the answer. With growing worker demand and evolving payroll solutions, daily payroll is set to become the new normal. The term “ daily payroll ” is certainly new if you have experience working in finance or HR. But what if there was a way to pay workers everyday? Believe it or not, it’s possible (and becoming a lot more popular) with the help of modern payroll technology. And, if you’re like most businesses, you probably process payroll on a bi-weekly basis. “However, the Minns government should not be robbing our health system to pay the paramedics.If you run a business, you know that payroll is one of your most critical business operations. “We acknowledge and applaud the hard work and dedication of NSW paramedics,” an opposition statement said. The opposition called on the government and Premier Chris Minns to reveal exactly where the money will come from to cover the pay increases and guarantee no reductions in budgeted frontline services. “This goes to the heart of what we’re trying to do as a Labor government, and that is deliver the benefits to our frontline essential workers,” he said. Health Minister Ryan Park called the increase a once-in-a-generation agreement, and said the case of paramedics was unique due to their changing roles and resulting pay disparity. ![]() “Risking their registration was a massive leap, but that’s how important this was.”īoth sides wanted to avoid a catastrophic breakdown in services after thousands of union members vowed to allow their paramedic registrations to lapse from January 1 next year. “They know that when they need us and they call we’ll be turning up and we will be proud and happy to be doing our job again,” she said. Paramedic Tess Oxley said the pay increase will change how frontline workers perform their jobs for the community of NSW. ![]() ![]() The deal needs to be confirmed by the Industrial Relations Commission, where the parties entered mediation on Monday. “At the end of the day, the people that go in the back of that ambulance either live or die. WA bushfire threat to remain across Christmas HSU NSW secretary Gerard Hayes said paramedics had fought for proper professional recognition and “salary justice”. The agreement will cost about $500 million, part of which is to be funded through savings from within the health portfolio, the government said. Pay rises over the four year deal will be front-loaded, with three-quarters delivered in the first two years, to have NSW paramedics quickly catch up to their interstate counterparts. Increases will range from 11 to 29 per cent, depending on paramedics’ level of experience.Ī first-year paramedic’s pay will go from $74,363 today to $89,876 a year, while the base salary for a sixth-year paramedic will increase from $79,737 to $103,361.Ī critical care paramedic in their second year, whose scope goes beyond that of general paramedics, will see their salary increase from $98,391 to $127,261. The bitter dispute has plagued the Minns government for more than eight months as paramedics pointed to higher salaries offered to their colleagues in the ACT, Queensland and Victoria. The deal recognises the changing role of paramedics in recent decades, from acting primarily as ambulance drivers, to performing increasingly complex medical interventions.
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