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ARTICLE · 17 FEBRUARY 2021

Annualised Wage Agreements nearly one year on

Reminding employers of their options & obligations in relation to annualised salaries. Includes link to previous article.

AustraliaEmployment and HR

It is now been almost a year since we issued our February 2020 Employment Alert advising about changes that would likely directly impact employers of employees on annualised salaries employed under a significant number of modern awards. These awards had been amended so as to provide for certain arrangements, procedures and additional recordkeeping requirements in respect of annualised wage arrangements under those awards.

You may access our February 2020 Employment Alert by clicking on this  link.

As we advised in our previous alert in relation to this issue, the rationale behind the amendments was an endeavour to ensure that annualised salary employees are paid at least at or above award rates – i.e. so that annualised salaries are not used by employers to actually underpay employees, particularly in respect of overtime and penalty rates. Such amendments were apparently in reaction to high-profile wage underpayment cases.

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