Robust Payroll Solutions for Educational Institutions
In the fast-paced and ever-changing Education sector, managing payroll and ensuring compliance with complex employment regulations can be significant.
PaysOnline’s cloud-based, customisable HR and payroll technology can help streamline operations, meet accreditation requirements, store documents for audits, and devote more resources toward achieving positive educational and organisational outcomes.
Retaining the best people in the profession is one of the challenges in Australia’s education sector. Some reports estimate around 30% to 50% of teachers leave in the first five years. Finding a service that can help you minimise attrition is crucial to creating a culture focused on learning and building a team who can help students realise their full academic potential.
Paysonline’s all in one payroll and HR technology, you can keep good teachers and foster an environment conducive to students’ and teachers’ success.
Educational institutions often employ seasonal and casual staff, such as substitute teachers, temporary administrative personnel, contract employees, adjunct professors, and student workers.
Managing payroll for these variable workforce segments can be challenging due to fluctuating hours, differing pay rates, and specific employment arrangements.
Rising Costs of Benefits
With nearly 22 per cent of schools’ overall budgets going toward employee benefits, streamlining your administration process is crucial to keeping costs down and meeting budget requirements.