Employers must keep copies of employment contracts - or face hefty fines
New rules come into force next month.
Hot Topic
Hawke’s Bay
New rules coming into force next month mean all employers must keep copies of employment contracts or face hefty fines, the Department of Labour says.
Although employment agreements were required by law since the introduction of the Employment Relations Act 2000, it appeared many businesses still did not have employment agreements in place, said department employment relations chief adviser Craig Smith.
The new rules meant that from July 1 it will be the employer's responsibility to keep an up-to-date copy of each employee's employment agreement, or face fines of up to $10,000 for individuals and $20,000 for companies.
Employers must also provide a copy of the agreement if an employee requested it, Mr Smith said.
Mr Smith also said that if a 90-day trial period, which came into force on April 1, is agreed upon it must be in the written agreement or it would not be legally binding.
NZPA
Thu, 09 Jun 2011
Thu, 09 Jun 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Employers must keep copies of employment contracts - or face hefty fines
15120