January is the time… to implement Fair Work Act annualised salary notifications and high income guarantees

Norton Rose

Minimum entitlements now in operation

From 1 January 2010, the new safety net of minimum entitlements comprises two planks:

  1. National employment standards (NES) – which are 10 legislated minimum conditions of employment
  2. Modern awards – 122 in all, which apply as a common rule to all employees in an occupation or industry as scoped in the award. Modern awards commence operation on 1 January 2010 – with wage rates commencing from 1 July 2010 and a transition period for minimum wages.

 

Read more of the article by Norton Rose.

Reproduced with permission of Norton Rose in accordance with their legal notice and disclaimers.

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