FNSPAY504 - Interpret and apply knowledge of industrial regulations relevant to payroll

Unit code: FNSPAY504 | Study level: TAFE

Credit points

N/A

Location

Footscray Nicholson

Prerequisites

N/A

Overview

This unit describes the skills and knowledge required to research, analyse and apply knowledge of industrial regulations to the provision of payroll services. It applies to individuals who, within their level of authority, use specialised knowledge to ensure compliance with industrial regulations in the workplace.

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:

conduct research on changes to, or new, legislative requirements and industrial regulations relevant to payroll;
assess the impact of regulations on payroll operations and comply with applicable regulations when performing payroll operations;
inform stakeholders of changes to payroll operations resulting from changes to industrial regulations in line with organisational policies and procedures;
seek advice from sources when seeking to interpret industrial regulations, and;
use sources of information to ensure currency of knowledge of industrial regulations to payroll operations.

Students will also be expected to demonstrate the following knowledge:

key features and operating principles of industrial regulations relevant to payroll, including: Fair Work Act; modern awards system; National Employment Standards and state-based industrial regulations;
impacts of regulations on payroll operations, including: how different regulatory instruments interact with each other to impact payroll operations;
roles and responsibilities of key organisations relating to payroll, including: Fair Work Commission; Fair Work Ombudsman; Office of Australian Information Commissioner and state-based industrial regulations regulators, and;
sources of information on industrial regulations relevant to payroll that can be accessed to maintain currency of knowledge and to seek advice when interpreting regulations.

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.