A common question and according to the Department of Labour the simple answer is No.
However, an employer must keep a record for seven years, of:
- The kind of work the employee does
- the number of hours/days that the employee works
- The wages paid to the employee each pay and the method of calculating those wages
- The nature of the employment agreement
Such information was historically contained within the old Wages Book but now Payroll Software will keep these records.
I guess the reason why most employers provide payslips to their staff is to comply with some of the items above and to reduce the number of queries from staff when they check their bank and find they have received less than what was expected, which is always the case.
Tags: Employers, Payroll Software, Payslips, Wage Book
Employers
Does an Employer have to provide a Payslip?
Jun 23rd, 2010 by paymaster
A common question and according to the Department of Labour the simple answer is No.
However, an employer must keep a record for seven years, of:
Such information was historically contained within the old Wages Book but now Payroll Software will keep these records.
I guess the reason why most employers provide payslips to their staff is to comply with some of the items above and to reduce the number of queries from staff when they check their bank and find they have received less than what was expected, which is always the case.
Tags: Employers, Payroll Software, Payslips, Wage Book
Posted in Payroll Comment