Training Session 14 05 02 2021 Payroll 2 long service leave 6

Quiddity Reception

26 Jun 202102:33

Summary

TLDRThe script discusses various types of leave in the workplace, including jury duty and long service leave. It explains that employees accrue long service leave after five to ten years, with specific payouts depending on the industry. Industries with transient workers, such as construction and cleaning, have a separate long service leave corporation funded by levies on projects. Employers must accurately record service time and are subject to audits to prevent false claims of tenure. This system ensures fair compensation for long-term employees, even in industries with high turnover.

Takeaways

📝 Community service leave is mentioned as a potential topic of discussion, suggesting it might have been discussed before.
🏛 Jury duty is mentioned as a civic responsibility, with a query about its existence in other regions.
🔖 Long service leave is a reward for employees who stay with a company for over five to ten years, particularly at the ten-year mark.
📈 Employees start accruing long service leave after five years of service, with the specifics varying by industry.
🏗️ Construction and cleaning industries are highlighted as having transient employees, often not staying for ten years due to the nature of work.
🏢 The long service leave corporation was established to manage payouts in industries with high employee turnover.
📋 Employers are responsible for registering new employees with the long service leave corporation and updating their service time.
🏠 In Australia, a levy is paid on house construction, collected to fund long service leave for construction industry workers.
🧹 Similarly, in the cleaning industry, service time is recorded monthly, with the long service leave managed by a government organization.
💼 Employers in industries like construction and cleaning do not directly pay long service leave; it is funded through levies collected by a government organization.
📊 Employers must accurately record employee service time and are subject to audits to prevent fraudulent claims of longer service than actually worked.

Q & A

What is the purpose of community service leave?
-Community service leave is a type of leave that may be required for citizens to participate in community service activities, although it is not explicitly detailed in the provided script.
What is jury duty and is it mentioned in the script?
-Jury duty is a civic responsibility where citizens are called to serve on a jury for legal cases. The script mentions the possibility of being called for jury duty, but does not elaborate on it.
How does long service leave work in the context of the script?
-Long service leave rewards employees who have stayed with a company for over five to ten years. Employees start accruing leave after five years, and at the 10-year mark, they are entitled to a certain amount of leave, which can vary based on industry specifics.
Is there a payout for employees who leave before the 10-year mark in their service?
-Yes, depending on the industry, there can be a certain amount of payout for employees who leave before reaching their 10-year mark, although the specifics are industry-dependent.
Why is the long service leave corporation established?
-The long service leave corporation is established to manage and pay long service leave for employees in industries where workers are often transient, such as construction and cleaning.
How is the long service leave funded in industries like construction?
-In industries like construction, a levy is paid each time a house is built in Australia. This levy is collected and used to fund the long service leave for people in those industries.
What is the role of employers in the long service leave scheme for industries like construction and cleaning?
-Employers in these industries are responsible for accurately recording the length of service for their employees and ensuring that the information is reported to the long service leave corporation.
How often should new employees be registered on the long service leave corporation?
-The script suggests that new employees should be registered as soon as they start working, with specific industries like construction doing it annually and cleaning possibly doing it monthly.
Why are audits conducted for the long service leave scheme?
-Audits are conducted to ensure that the length of service recorded for employees is accurate and to prevent fraudulent claims, such as falsely stating an employee worked for 10 years when they did not.
What is the typical duration of long service leave for employees who have completed ten years of service?
-The typical duration of long service leave for employees who have completed ten years of service is eight to ten weeks, as they would have accumulated during their tenure.
How does the script differentiate between different industries regarding long service leave?
-The script differentiates by explaining that in some industries, like construction and cleaning, the long service leave is managed and paid by a government organization through levies, whereas in other industries, the employer typically pays for the leave.

Outlines

00:00

🏢 Long Service Leave Policy and Industry-Specific Considerations

This paragraph discusses the concept of long service leave, a reward for employees who have worked with a company for over five to ten years. It explains the accrual process of long service leave and the payout options if an employee leaves before the 10-year mark, which can vary by industry. The paragraph also highlights the establishment of the Long Service Leave Corporation, which is particularly relevant to industries with transient workers, such as construction and cleaning. In these industries, a levy is collected on projects, like house building, to fund the long service leave for employees. The responsibility of employers in these sectors is to accurately record the length of service for employees, and they are subject to audits to prevent fraudulent claims of service duration.

Mindmap

Keywords

💡Community Service

Community service refers to voluntary work performed by individuals to benefit their community without compensation. In the context of the video, it is mentioned as a duty that individuals might be called upon to perform, although it is not the main focus of the video.

💡Jury Duty

Jury duty is a civic responsibility where citizens are summoned to serve on a jury for a legal case. The script mentions it as a possible form of service that may be familiar to the audience, highlighting the concept of obligatory service in society.

💡Long Service Leave

Long service leave is a benefit awarded to employees who have worked for a company for a significant period, typically over five to ten years. It is central to the video's theme, as it discusses the accrual and payout of this leave, emphasizing the importance of recognizing long-term employment.

💡Accrual

Accrual in the context of long service leave refers to the gradual increase of leave entitlement as an employee continues to work for the same employer. The video explains that employees start to accrue long service leave after five years of service, which is a key aspect of the benefit system discussed.

💡Payout

Payout in the script refers to the financial compensation given to employees who have not completed the full long service leave period but are leaving the company. It is an important part of the leave policy, ensuring that employees are rewarded for their service even if they do not reach the 10-year mark.

💡Industry-Specific

The term industry-specific highlights that certain policies or practices may vary depending on the industry. In the video, it is used to explain that the long service leave policy and its execution differ across industries like construction and cleaning, where employee turnover is high.

💡Transient Employees

Transient employees are those who do not stay with one employer for a long period. The script uses this term to describe workers in industries such as construction and cleaning, where it is rare for someone to work for the same company for over a decade due to the nature of projects and work availability.

💡Long Service Leave Corporation

The Long Service Leave Corporation is an organization mentioned in the script that manages the long service leave funds in certain industries. It is responsible for collecting levies and ensuring that funds are available for employees' long service leave payouts.

💡Levy

A levy in this context is a charge or tax collected to fund a specific purpose, such as the long service leave for employees in industries like construction. The script explains that levies are paid by those building houses in Australia and are used to support the long service leave system.

💡Accurate Recording

Accurate recording is the process of correctly documenting information, in this case, the length of service for employees. The video emphasizes the importance of this process to ensure that the long service leave benefits are correctly allocated and to avoid fraudulent claims.

💡Audit

An audit in the script refers to the process of reviewing and verifying the accuracy of records, specifically the service length of employees for the purpose of long service leave. It is a measure to ensure compliance with the rules and to prevent misrepresentation of service duration.

Highlights

Community service and jury duty are mentioned as potential obligations.

Long service leave rewards employees for their loyalty to the company.

Employees accrue long service leave after five years of service.

The 10-year mark is a significant milestone for long service leave benefits.

Payouts for long service leave can vary depending on the industry.

Transient industries like construction and cleaning have unique long service leave considerations.

Long Service Leave Corporation was established to support certain industries.

Registration of new employees with the Long Service Leave Corporation is necessary.

Monthly updates are required for the time of service in some industries.

Employers in construction do not directly pay long service leave; it's funded by levies.

Levies on new builds contribute to the long service leave fund.

Long service leave is managed by a government organization in certain industries.

Accurate recording of employee service length is crucial for long service leave.

Audits ensure the integrity of long service leave records.

Fraudulent claims of service length can be a concern in long service leave management.

The importance of correct procedures in long service leave administration is emphasized.