I’ve noticed that whenever someone in a movie is being set up on a blind date, it is always with “such and such from payroll”…which is followed by an eye-roll and much protesting. Are payroll people that bad? We do, after all, process your pays – shouldn’t you be nice to us?
But I digress, this post is about the 10 things that must be included on payslips in Australia. And here they are:
- Employer’s & employee’s name
- Employer’s ABN if applicable
- Pay period that is covered in that pay
- Date of payment
- Gross and net pay
- Hourly rate employees – ordinary hourly rate, number of hours worked & total dollar amount of pay
- Loadings, allowances, bonuses, incentive-based payments, penalty rates or other paid entitlements that can be separated out from an employee’s ordinary hourly rate
- Pay rate that applied on the last day of employment
- Deductions – amounts & details of each deduction plus the name or name & number of the fund/account deductions paid into
- Superannuation contributions – amount of contributions made during pay period plus the name or name & number of the super fund the contributions were made to
Bonus tip: Payslips can be either be printed out or be an electronic copy, but make sure employees can access and print their payslip in private.
Personally I love payroll and it’s become a bit of a specialty area for me. I was a legal secretary for many years and used to watch the bookkeeper handing out payslips each week and think to myself “I would much rather be doing that”. And here I am now working in, writing about and teaching payroll.