FNSPAY503 - Process complex employee terminations in payroll

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Unit code: FNSPAY503 | Study level: TAFE
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Footscray Nicholson
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Overview
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Overview

This unit describes the skills and knowledge required to process uncommon and complex employee terminations in payroll systems, including calculating and providing employment termination payments (ETPs). It applies to individuals who, within their level of authority, use specialised knowledge, systematic approaches and analytical techniques to prepare data, calculate and verify payments, and ensure compliance with regulatory requirements using established payroll systems.

Assessment

For Melbourne campuses

Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each unit’s learning outcomes and performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines.

Students will be expected to demonstrate the following required skills:

  • collect information required to carry out an employment termination process in a payroll system;
  • interact with stakeholders to ensure completeness and accuracy of information required to process that termination;
  • ensure compliance of employment termination with legislative requirements and organisational procedures;
  • process each of the following employment termination types in payroll systems, including calculating the employment termination payment (ETP) for each: resignation; redundancy and retirement;
  • process at least one of the following employment termination types in payroll systems, and calculate the corresponding ETP: dismissal; unfair dismissal; invalidity; death; termination for pre-August 1983 starters and golden handshakes;
  • process the above termination payment entitlements according to commonwealth, state and territory legislative requirements, including: final salary and wages payments; unused annual leave and long service leave; notice and redundancy payments; unused rostered days off (RDOs) and other entitlements; gratuities and settlements, and;
  • maintain records of the above employment terminations according to legislative requirements.

Required reading

The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Polytechnic and/or via the Polytechnic e-learning system.

As part of a course

This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.

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