Once upon a time, the utilisation of annualised salary
provisions, including those appearing in the Clerks –
Private Sector Award 2010 (Clerks Award) or
the Banking Finance and Insurance Award 2010 (BFI
Award), was a straightforward affair.
Reasonable checks and balances were in place, and compliance was
practical and manageable, namely (my emphasis):
Annual salary not to
disadvantage employees
(a) The annual salary must be no
less than the amount the employee would have received under this
award for the work performed over the year for
which the salary is paid (or if the employment ceases earlier over
such lesser period as has been worked).
(b) The annual salary of the
employee must be reviewed by the employer at least
annually to ensure that the compensation is appropriate
having regard to the award provisions which are satisfied by the
payment of the annual salary.
