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As an employer, it is important to keep updated employment records for each of your employees, including their start date, type of employee, hours worked, pay rate, leave taken, and superannuation contributions. These records must be clear, readable, and written in English, regardless of the language spoken. It is mandatory by law to retain these records for seven years, even after an employee leaves. Pay slips must be provided to employees within one working day of payment. Failure to maintain accurate records could result in fines, and your franchisor may also require access to ensure compliance with legal obligations.