GLOBAL PAYROLL MAGAZINE
87
at is Long Service eave in Australia?
By Wendy Pitt
As a payroll manager, it is crucial to understand local legislation to protect yourself and your company from potential liability.
To ensure compliance with Australian payroll regulations, it’s essential to stay updated on the specific laws governing payroll, such as minimum wage requirements, pay cycles, leave entitlements and tax obligations. Regularly reviewing and adhering to these regulations will help mitigate risks and ensure that your company operates within a legal framework. Australia’s regulator of workplace laws is the Fair Work Ombudsman, whose purpose is to promote harmonious, productive, cooperative and compliant workplace relations and the primary
source of guidance and information on how to comply. Conducting regular internal audits of payroll processes can help identify any discrepancies and ensure compliance with Australian laws.
A unique part of Australian employment is our Long
Service Leave (LSL). Whilst other countries may have a leave type or remuneration reward recognising a significant length of service with an employer, LSL in Australia can be quite complex and unique.
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