Unit Code & Title :- FNSPAY503 Process Complex Employee Terminations In Payroll
Assessment Type :- Assignment 1
Course Code :- FNS50417
Course Name :- Diploma of Payroll Services
FNSPAY503 Process Complex Employee Terminations In Payroll Assignment
Question 1
a) Identify and explain Three types of work termination and outline which sort of documentation will be collected and included in the employee HR file.
b) Identify the Commonwealth legislation who deals with work termination matters
Question 2
An employment contract can be terminated either by the employee or by the employer. Identify and explain Two types of Employee Initiated Terminations, and Two types of Employer Initiated terminations.
Question 3
The information that is gathered as part of preparing for an employee’s termination should be checked and clarified with appropriate sources. List the potential stakeholders in the employment termination process.
Question 4
Explain what a Probation Period is and identify which Commonwealth legislation it falls under.
Question 5
It was ruled that modern awards should provide for unpaid wages due to employees to be paid no later than certain number of days after the employee’s last day of employment.
a) Identify the numbers of days
b) list and explain any exceptions accepted by the Fair Work Commission regarding termination payments
Question 6
a) Explain the difference between Constructive Dismissal and Unlawful Termination
b) List TWO example of each
Question 7
Due to a business merger, Amy who just turned 46 years of age received a Genuine Redundancy payment of $75,000 after 16 years of service.
a) Calculate Amy’s Genuine Redundancy Tax- Free Component
b) Genuine Redundancy Payment must meet certain requirements to be eligible for a concessional tax treatment. List the Four components to be met
Question 8
Employment termination information should be checked thoroughly both before and after entry into the payroll system. List the steps required prior to preparing final pay run and when preparing final pay run