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ARTICLE · 06 MARCH 2017

Penalty rates decision handed down by Fair Work Commission

A penalty rates reduction is a win for employers in the hospitality, fast food, retail and pharmacy industries.

AustraliaEmployment and HR

PENALTY RATES DECISION HANDED DOWN BY FAIR WORK COMMISSION

IN BRIEF - WIN FOR EMPLOYERS IN HOSPITALITY, FAST FOOD, RETAIL AND PHARMACY INDUSTRIES

Businesses operating in the hospitality, fast food, retail and pharmacy sectors have been patiently waiting for the Fair Work Commission's long anticipated decision on weekend and public holiday penalty rates.

With a win to employers operating in the hospitality, fast food, retail and pharmacy sectors, the Commission has determined that a penalty rate reduction is necessary in certain industries as a means to meet modern award objectives.

WHAT DOES THIS MEAN FOR BUSINESS?

Businesses which are covered by the following awards are affected by the Fair Work Commission's decision:

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