Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Task In the past eight months. PittStop Inc has raised sufcient nance to buy out the Independent Service Station USS} chain of nine stores and

image text in transcribed
Task In the past eight months. PittStop Inc has raised sufcient nance to buy out the Independent Service Station USS} 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 3D services stations is secured for the Victorian market. Including the retained staff from the buyout stores. PittStop Inc now has a workforce of approximately TD employees. The employees come from a wide range of cultural and linguistic backgrounds. A signicant proportion has poor English literacy. including poor reading comprehension. Most employees. but not all. have a highschool level of education. Previously, with less than 20 employees to pay. James and his Finance and l[.iperations Manager. Jack Tan. ran a cashbased 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: l pay. which was weekly. will now be fortnightly I a separate payroll register should be prepared for each of the stores I pay will be checked and reconciled by each store and then rechecked. reconciled. authorised and disbursed by head ofce l the payroll system in all stores will be identical I the payroll system should be scalable: as new stores are added the payroll system will simply be duplicated I records will be kept at stores and duplicates will stored at head ofce I all legislative requirements must be met by the new system. You will need to plan a payroll system to meetJames'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: I security of employee payroll information ' substantiation of claims for allowances ' one other policy and procedures document to support nancial 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Marketing

Authors: Nigel Piercy and David Cravens

10th edition

78028906, 978-0078028908

More Books

Students also viewed these General Management questions