Document Chunk
This text chunk contains following information extracted through processing and enrichment.
Section : employee records and pay slips
Domain : Human Resource Management
Classification : Not Identified
Text Content
Note about Subdivision 1 The regulations in Subdivision 1 set out the kinds of records that must be made and kept for the purposes of sections 535 and 796 of the Act. These records are required to be kept by employers for 7 years. An employer must keep a record in respect of each employee about:
- (a) basic employment details such as the name of the employer and the employee and the nature of their employment (e.g. part-time, full-time, permanent, temporary or casual); and
- (b) pay; and
- (c) overtime hours; and
- (d) averaging arrangements; and
- (e) leave entitlements; and
- (f) superannuation contributions; and
- (g) termination of employment (where applicable); and
- (h) individual flexibility arrangements and guarantees of annual earnings. There are also obligations on old employers and new employers in transfer of business situations. Records must be properly maintained. For example, regulation 3.31 sets out form requirements to make sure that records are legible and readily accessible to an inspector. Regulation 3.44 sets out requirements to ensure that records are accurate at all times.