income tax, workplace safety, equality in the workplace, employment contracts

Question 1

What is PAYG?

Answer 1

(Progressive Tax System) (PAY AS U GO) automic tax deductions from employees income, made by employer

Question 2

What are income tax brackets?

Answer 2

Different tax rates for different income levels

Question 3

What are tax deductions?

Answer 3

Tax deductions can help reduce your taxable income. For example, if your taxable income is 60,000 but you spend 1000 on work related expenses, your taxable income is reduced to 59000.

Question 4

What are work health and safety laws?

Answer 4

Laws designed to protect the health,safety and welfare of workers in the workplace under the work health and safety act 2011.

Question 5

list some responsibilies of an employer and employee in regards to work health and safety.

Answer 5

employer:
-safe equipment, practices, and material use
-correct training and instructions
employee
-follows safety hazards
-wears PPE
-report hazards and unsafe conditions

Question 6

What are the 4 hazard types

Answer 6

physical, physiologically, chemically, ergonomic(like posture)

Question 7

What is the Work health and safety ammendment 2022

Answer 7

psychosocial hazards (anything that wull cause psychological harm) and regulations are put in place as control measures to manage risks.

Question 8

What are the 4 types of discrimination?

Answer 8

Race, age, sex, disability(impairments whether physical mental intellectual sensory)

Question 9

What is direct and indirect discrimination?

Answer 9

Direct : clear cut, very front end like not employing based of age gender race etc.
Indirect : hard to prove, policy of a workplace that leads to a discrimination act like maybe a height policy

Question 10

Explain what an award, enterprise agreement and individual contract is.

Answer 10

Award: legal docs set by the fair work commission that include the minimum pay rates and employment for workers under a specific industry.
Enterprise agreement: Negotaited agreements between employers and employees covering the terms and conditions of employment for a group of employees. Must be approved by the Fair work commission.
Individual contract: agreements between a single employer and employee - contracts must comply with NES

Question 11

List positives and negs of each employment contract

Answer 11

awards : same standard of pay, no negotiation, fairness, lack of employee motivation, everyone will get the same no matter the work differences,
enterprise agreements:flexible, can meet needs, increase wage costs as has to be BOO, cant individually tailor employee
individual contracts: very flexible, can individually meet everyone, more motivating, higher wage for employers BOO

Question 12

What are junior penalty rates? list pos and negs

Answer 12

special wage rates that apply to young workers typically under 21. designed to reflect typically lower levels of experience and skill in young workers.
pos:encourage young ones to enter workforce, help businessess to afford to hire
negs:may exploit them, workers may feel undervalued compared to older ones