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Annualised salaries and flat rates require more than just picking a number that seems higher than the Award. It requires a logical assessment and ongoing auditing in order to prevent an underpayment.
What are they?
Annualised salaries are, for example, when an employer pays an employee a total...
Thanks to the Secure Jobs, Better Pay Act 2022, it is now unlawful for job advertisements to pay rates that are less than the employee's minimum entitlements. This shouldn't be news to employers, as these changes came into effect on 7 January 2023.
Don't forget!
Minimum wage rates...
You may have seen in Employii's recent newsletter that effective 1 July 2023, a number of significant changes came into place. Specifically:
- Minimum wages (Fair Work: 5.75% increase. State: will depend on your State)
- Superannuation increased to 11%
- Student visa holders may only work...
Are you currently covered by the Aged Care Award, the Nurses Award, or the Social, Community, Home Care, and Disability Services Industry Award?
If so, this one's for you!
The Fair Work Commission has ordered a 15% interim pay increase to those covered by these Awards. The pay...
When it comes to salaried employees, there needs to be some method behind the numbers. An employee's salary still needs to be high enough to cover their minimum entitlements (including any "significant overtime").
Quiz time!
- Do you know why your staff's salary is what it is?
- Do...
