Document Chunk
This text chunk contains following information extracted through processing and enrichment.
Section : Record-keeping
Domain : Human Resource Management
Classification : Not Identified
Context
This chunk is part of the section on "Record-keeping" within the "Small business and the Fair Work Act best practice guide," which outlines the legal obligations for small business owners regarding employment records, including the requirement to maintain time and wages records and provide pay slips to employees.
Text Content
You need to make and keep certain employment records under the FW Act. You must keep time and wages records for 7 years. You also need to provide your employees with a pay slip within one working day of paying them. Good record-keeping also helps you protect and manage your business. PRACTICAL TIP: Take our free Record-keeping and pay slips online course at fairwork.gov.au/learning
- What is the duration for which employment records must be kept under the FW Act?
- What specific types of records are mentioned that need to be maintained?
- How soon must employers provide pay slips to their employees after payment?
- Why is good record-keeping important for a business?
- What online resource is suggested for learning about record-keeping and pay slips?
- What does FW Act stand for?
- Can you infer how proper record-keeping might impact employee trust?
- What might be some consequences of failing to keep the required employment records?
- How does the requirement for pay slips contribute to transparency in the workplace?