Pay slip

Pay slips are essential for both employees and employers. They break down an employee's earnings, taxes, and any other deductions for a specific pay period, providing transparency in financial dealings. Pay slips are a legal requirement and must be given to employees within one working day of their payday. This helps employees track their earnings and entitlements and assists employers in maintaining clear and accurate payroll records.

What a pay slip must show

Under the Fair Work Act and Regulations, a pay slip must be given within 1 working day of pay day, on paper or electronically. It must show the employer's name and ABN, the employee's name, the pay period and pay date, gross and net pay, any loadings, allowances, bonuses or penalty rates, the hourly rate and hours worked for hourly employees (or the annual salary for salaried employees), any deductions, and the super contributions and fund. For example, a casual retail employee's pay slip should show their hourly rate, including casual loading, and the hours worked at each rate.

See record-keeping, or book an HR compliance audit.