The Australian Bureau of Statistics just released the latest Consumer Price Index, which jumped to 7.8% last year. Some of the biggest contributing factors are the rising electricity and grocery prices. Food increased by 9.2% and electricity by a whopping 8.6%*. We are experiencing the fastest inflation increase in the last 30 years, and 2023 will be no different. 

With increasing costs in almost all sectors of the economy, it is more crucial than ever to stay on top of inflation by using modern technology to cut down costs and labour. 

Labour is the biggest cost factor for small businesses

These times can be quite challenging for small businesses considering the increasing living costs. Managing your business effectively and increasing productivity is more important than ever. And that’s where RosterElf can help you lower your expenses for labour. Using our rostering and payroll software can save you up to 8h a week and 4% on labour. 

If you still use a lot of manual procedures for everyday operations like payroll processing, invoicing or rostering, it is the right moment to switch to our rostering software to streamline your employee management.

How RosterElf helps you cut your costs:

✅ Create and publish rosters with ease

✅ Save time with our digital time clock and staff attendance solution

✅ Handle Australia’s complex award system with ease

✅ Ensure your business is Fair Work compliant

✅ Avoid underpayment and save time by using our Xero payroll integration

Do you want to learn more about RosterElf, and we can help you beat inflation? Book a call with our team today and learn how to get the most out of our rostering software!
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Have Questions?

We Have The Answers!

What is the current Consumer Price Index in Australia?

The latest Consumer Price Index in Australia is 7.8%, marking the fastest inflation increase in the past 30 years.

How much have food and electricity prices increased?

Food prices have risen by 9.2%, and electricity prices have increased by 8.6% over the past year.

What features does RosterElf offer to improve business efficiency?

RosterElf offers easy roster creation, a digital time clock, staff attendance solutions, compliance with Australia's award system, and Xero payroll integration.

How can I learn more about RosterElf's benefits?

You can book a call with RosterElf's team to discover how their software can help you manage labour costs and improve efficiency.

Important Notice

The information contained in this article is general in nature and you should consider whether the information is appropriate to your needs. Legal and other matters referred to in this article are of a general nature only and are based on RosterElf's interpretation of laws existing at the time and should not be relied on in place of professional advice.

RosterElf is not responsible for the content of any site owned by a third party that may be linked to this article and no warranty is made by us concerning the suitability, accuracy or timeliness of the content of any site that may be linked to this article.

RosterElf disclaims all liability (except for any liability which by law cannot be excluded) for any error, inaccuracy, or omission from the information contained in this article and any loss or damage suffered by any person directly or indirectly through relying on this information.