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Why Accurate Wage & Time Records Matter
Manage episode 437962183 series 3522910
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Wage and time records might seem like just another admin task, but they’re actually the backbone of fair and compliant employment practices. These records aren’t just about ticking boxes - they ensure employees get what they’re legally entitled to and shield employers from serious legal and financial risks. In this episode, we’re diving deep into why accurate wage and time records are more crucial than you might think.
We’ll explore the importance of wage and time recording requirements under the Employment Relations Act, the Privacy Act's requirements on record retention, and a recent Employment Relations Authority decision that slapped hefty penalties on a business that dropped the ball. Plus, we’ll briefly touch on wage claims and how they differ from other personal grievance claims.
Join our host, Sanam, as she breaks down real-world cases, showing how even small lapses in record-keeping can snowball into major legal nightmares. We’ll also discuss the broader impacts of breaching employment laws, from personal liability for business owners to lasting damage to a company’s reputation.
Whether you’re an employer, manager, or HR professional, this episode is packed with insights to keep your business on the right side of the law. Don’t miss out - stay ahead of the curve and protect your business by tuning in!
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Got questions? Send them our way, and Sanam will feature them in the next episode. Email your queries to asklawlenz@gmail.com.
Check out the Law Lenz website HERE.
Resources:
- s 130 Wages and time record - Employment Relations Act
- s 132 Failure to keep or produce wage records - Employment Relations Act
- Horticulture firm, owner penalised for failed record-keeping - HRD article & case
- Privacy Act / retaining employee records - Privacy Commissioner
Disclaimer: The content presented in this episode is for informational purposes only and should not be considered as legal advice. The host does not assume any liability for actions taken based on the content of this podcast. While the host is a lawyer, they are not your lawyer and the information provided is based on general legal information. This podcast does not create a solicitor-client relationship.While we strive to keep the information accurate and up-to-date as at the date of each episode, laws and regulations may change, and the content of this podcast may not reflect the most current legal standards or interpretations. Listeners are encouraged to consult with a qualified New Zealand legal professional for advice tailored to their specific situation.
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