this post was submitted on 15 Jan 2024
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This happened at my company, also. Specifically around leave loading.
Only the difference is nobody noticed it. The company had simply in the process of dilligence hired an auditing company to go though the books. It was the auditors who noticed that some employees were getting short-changed on their leave loading in some subset of circumstances. The CEO made a big thing to us all about it, telling us they're now engaged in a full review going back years to find any discrepencies and correct them.
The weird thing is: It would be cheaper to just give everyone a couple hundred dollars. That'd more than cover it. But accountants need to pay their bills, too I suppose.
Yeah, maybe they wanted to make big deal of it. "Look at us, we care for you!" Just pay what's owed and be done with it.
Cynically, maybe they made a big deal of it so they were not reported for the muckup?