Are your payslips compliant?
Did you know that the Fair Work Act has particular requirements in terms of what information should be included on a pay slip? Do you know if your pay slips are compliant? Employers have an obligation to pay their staff on time, but many fail to provide pay slips on time. It is a requirement
ATO warning regarding annual leave loading and OTE
The ATO has recently warned employers that it considers that annual leave loading should normally be part of ordinary time earning (‘OTE’) for superannuation guarantee (‘SG’) purposes, unless it is referable to a ‘lost opportunity to work overtime’. Therefore, if employers have self-assesed on the basis that their annual leave loading is not OTE, and […]
