Payroll Glossary

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Annual leave

Australian Business Number (ABN)

Australian Tax Office (ATO)

Awards (also modern awards)

Back pay (retroactive pay)

Base pay

Bonus

Business activity statements (BAS)

Casual employee

Casual loading

Centralised payroll

Cloud-based payroll

Commission

Deductions

Employee

Employee benefits

Employee share schemes (ESS)

Employer

Employment contract

Fair Work Act

Fair Work Ombudsman (FWO)

Fringe benefit

Fringe benefits tax (FBT)

Garnishment (Court-ordered deduction)

Gratuity (tips)

Gross earnings

Gross pay

Holiday pay

Hours worked

Income statement

Income tax

Instalment Activity Statement (IAS)

Long service leave (LSL)

Managed payroll

Minimum wage

National Employment Standards (NES)

Net pay

Onboarding

Overtime

Parental leave

Pay as you go (PAYG)

Pay rate

Pay slip

Payroll

Payroll cycle

Payroll tax

Personal leave

Redundancy

Redundancy pay

Reimbursement

Remittance

Remuneration

Salary

Short-term disability income plan

Sick leave

Sick pay

Single touch payroll (STP)

Super Guarantee (SG)

Superannuation

Tax

Tax file number (TFN)

Taxable income

Termination payment

Wages

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