Additional time worked by the employees outside of their ordinary shift or roster is considered worked hours and employees must be paid for this time if their employment is covered by:
- A modern award; or
- The National Minimum Wage.
When planning staff rosters, extra time may need to be accounted for and consideration needs to be made as to whether these hours will result in employee overtime.
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There are different standards around the world. The USA, for example, has a set of standards titled GAAP (Generally Accepted Accounting Procedures) that dictates financial reporting for companies who are under the control of the SEC (Securities and Exchange Commission).
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