What is the minimum annual salary for an adult Level 2 employee

Unit Covered: FNSTPB402
Q1.2: Go to the Fair Work website (www.fwc.gov.au) to locate the Modern
Award: Banking, Finance and Insurance Award 2010 (tip: use the search box
at the top right of the website) then answer the following:
a) What is the minimum annual salary for an adult Level 2 employee?
The minimum annual salary for an adult Level 2 employee is at 44,850
b) What percentage of the adult rate must an 18 year-old be paid at a
minimum?
The percentage of the adult rate must an 18 year-old be paid at a minimum is
at the levels of 70%
c) What is the first aid allowance paid to a full-time employee for
performing first aid duties?
The employee needs to be paid 1.84% of the standard rate per week for full-
time employees and a pro rata amount for part-time employees.
d) At what rate is overtime paid on a Sunday?
The overtime paid is double the time for all work performed on Sunday
e) List 2 record-keeping obligations for employee records (go
https://www.fairwork.gov.au/how-we-will-help/templates-and-guides/fact-
sheets/rights-and-obligations/record-keeping-pay-slips#What-are-the-record-
keeping-obligations).
The record-keeping obligations for employee records are depicted as
follows.
 The record needs to be kept in a form that is readily accessible to a Fair
Work Inspector
 The record needs to be kept for seven years

Unit Covered: FNSTPB402
Q1.3: Part A: Describe what an Enterprise Agreement is, and, what actions
must be taken before they take effect?
Enterprise agreement is a document that sets out the minimum wages and
conditions for an organisation or workplace. This agreement acts as one of the
measures instead of the modern award, where employees or group of employees
negotiates with the employer regarding the minimum wage requirement in the
workplace. Hence, the agreement between the employee representative and the
employer is mainly lodged with the Fair Work Commission for approval.
Q 1.3: Part B: Describe what a Modern Award is and the type of information
they contain:
The main actions of a modern award are to sets out the minimum wages and
conditions for an industry or occupation. Moreover, the information in the modern
award are related to cover things like pay, hours of work, rosters, breaks,
allowances, penalty rates and overtime.
Q 1.4: Vince Smith is about to open a new hamburger joint and intends to
employee 3 staff. He has asked for your advice about the actions to be taken
in order to employ staff.
Required: Complete the table below listing actions to be taken, or documents
required, to meet regulatory and legislative requirements when employing
staff.
Business registrations (2 responses
required)
1. ABN
2. PAYG Withholding Account
Two documents to be given to
employees at the start of their
employment (2 responses required)
1. Fair Work Information Statement
2. TFN declaration
Two documents that the employee
is to provide to the Business Owner
(3 responses required)
1. Fprm of Superannuation standard
choice form
2. Completed TFN declaration
What information would Vince need
to obtain/check from the Fair Work
website
1. Know your pay slips and record-
keeping obligations
2.Know the right pay rates

Unit Covered: FNSTPB402
(3 responses required) 3. Know the law
Q 1.5: There are 13 Australian Privacy Principles that apply to
organisations and Australian Government Agencies. List the 13 privacy
principles below.
1. Quality of personal information
2. Adoption, use or disclosure of government related identifiers
3. Access to personal information
4. Use or disclosure of personal information
5. Correction of personal information
6. Dealing with unsolicited personal information
7. Cross-border disclosure of personal information
8. Security of personal information
9. Notification of the collection of personal information
10
.
Anonymity and pseudonymity
11
.
Direct marketing
12
.
Open and transparent management of personal information
13
.
Collection of solicited personal information
Q 1.6: You have received the Tax File Number (TFN) Declaration from a new
employee. Read "Appendix A – Information security obligations in the Privacy Act" contained
in the "Guide to information security" (April 2013)".
Referring to the section 'Tax File Number Guidelines 2011', list the specific
requirements to ensure the ongoing security of the TFN personal
information.
The list the specific requirements for Tax File Number Guidelines 2011 are
depicted as follow.
 Protect TFN information from misuse and loss
 Protect from unauthorised access

Unit Covered: FNSTPB402
 Use modification or disclosure
 Ensuring the access to records containing TFN information who need to handle that
information for taxation law
 Personal assistance law or superannuation law purposes
 TFN recipient must take reasonable steps to securely destroy or permanently
 Identifying TFN information that is required by law to be retained for necessary purpose under
taxation law
 Identifying TFN for personal assistance law or superannuation law
Q 1.7: Go to the Fair Work Ombudsman website to access its Record-keeping page.
List five (5) General employment records that must be kept for each
employee under either a manual or computerised payroll system:
1. whether the employee is permanent or temporary
2. employee’s commencement date
3. employer’s and employee’s name
4. employer’s ABN (if any)
5. whether the employee is full-time, part time, or casual
Q 1.8: Go to the Fair Work Ombudsman website to access its Record-keeping page.
List three (3) Pay records that an employer must keep for each employee
under either a manual or computerised payroll system:
1. Deductions from the gross amount
2. Employee pay rate paid
3. Gross and net amounts paid
Q 1.9: Go to the Fair Work Ombudsman website to access its Record-keeping page.
List four (4) Hours of work records that an employer must keep for each
employee under either a manual or computerised payroll system:

Unit Covered: FNSTPB402
1. Recording the number of overtime hours worked by an employee
2. Recording any penalty rates or loadings paid to employees for overtime
hours worked
3. Recording hours an employee works if the employee is a casual or
irregular part-time employee
4. Keeping a record of the written agreement, when an employer and
employee have agreed to an averaging of employee’s work hours

Unit Covered: FNSTPB402
Q 1.10: Go to the Fair Work Ombudsman website to access its Record-keeping
page.
List two (2) Leave records that an employer must keep for each employee
under either a manual or computerised payroll system:
1. Taking into account the number of leaves left for each employee
2. Recoding the leaves taken by the employees
Q 1.11: Go to the Fair Work Ombudsman website to access its Record-keeping
page.
List five (5) Superannuation contributions records that must be kept for
each employee under either a manual or computerised payroll system:
1. Name of super fund
2. Pay period
3. Reason for the employer paid into the fund
4. Date(s) paid
5. Amount paid
Q 1.12: Go to Workplace OHS website
https://workplaceohs.com.au/legislation/record-keeping/victoria's%20record
%20keeping%20requirements#4 and describe what WHS issue sec 38 OHSA relates
to.
The WHS issue sec 38 OHSA directly relates to the employer or self-employed
person, as they are required to notify WorkSafe of an incident and must keep a
copy of the record for at least 5 years.