Modern industry awards are legislation and a standard compliance determined for each modern industry in Australia. Industry awards are governed by Fair Work Australia and protect businesses and employees in determining the minimum legal pay rate based on age, experience and sector.
The Fair Work Act (FW Act) and the Fair Work Regulations were put in place in 2009 to help protect employers and employees in regards to:
- 10 minimum National Employment Standards
- awards that apply nationally for specific industries and occupations
- the national minimum wage
- protection from unfair dismissal
RosterElf incorporates full award interpretation when it comes to payroll to ensure pay is accurate and labour budgets can be tracked. RosterElf includes pay rates and pay templates to help integrate with your chosen payroll provider including Xero, MYOB, WageEasy, and Sage.
What are pay rates?
Pay rates are the specific hourly rates your full time, part time, and casual staff should be receiving. Pay rates can vary between weekdays, weekends, over time and public holiday loadings. RosterElf allows managers to enter each staff members pay rates based on the award of their industry and level of pay.
What are pay templates?
Pay templates are groups of pay rates for a specific level of pay that falls under your industry award. It is important to organise your business and pay rates into separate groups to help assign staff to their correct pay rates. For example a pay template might include:
Level 1 Support
Ordinary Hours $22.00
Late Night $23.50
Early Morning $24.00
Public Holidays $35.00
Level 2 Support
Ordinary Hours $23.00
Late Night $24.50
Early Morning $25.00
Public Holidays $38.00
Pay templates within RosterElf help group together pay rates and help when assigning staff to their specific pay rate. This will help managers add to different pay rates based on various loadings.
By integrating payroll and full award interpretation with our rostering software, managers can save countless hours each week - and pay staff accurately and maintain compliance.
When processing payroll in RosterElf, your draft timesheets will have all the necessary pay items and loadings to ensure accurate information for payroll. RosterElf will recognise if a shift has been worked during normal hours, weekend, public holiday and overtime.
Award non-compliance can cost your business hefty fines and damage your brand’s reputation moving forward. It is important to speak with your accountant or payroll manager to ensure your business in undertaking the correct procedures and ensure staff are paid accordingly. If you are found to have underpaid staff, lost pay will be remunerated back to the underpaid employees.
FairWork Australia has a detailed outlook of modern awards, which can be found here
You can download our full suite of supporting apps here:
Apple iOS Time Clock
Google Android Time Clock
Apple iOS RosterElf
Google Android RosterElf
For further information or if you would like to book in a demo session please contact us at:
1300 353 000
Customer Success @RosterElf