Record Keeping

Many of the record keeping obligations under Workchoices have been retained and there are some new record keeping obligations. To comply with the Fair Work Act, employers must keep accurate, up-to-date time and wages records for all employees. Employer’s records must include:

• basic employment details, such as nature of employment (part-time, casual etc) and the employee’s commencement date;
• rates of pay;
• overtime hours worked;
• averaging arrangements - that is, any arrangement made between employer and the employee to ‘average’ the hours the employee works over a period of time to take into account significant fluctuations from week to week;
• leave entitlements;
• superannuation contributions made;
• termination of employment details (where applicable);
• details of any Individual Flexibility Arrangements which have been made and any guarantees of annual earnings; and
• the employer’s Australian Business Number

Employers must also continue to provide employees with access to their employment records.

Back to Significant Changes for Small and Medium Business.