Search results
Results From The WOW.Com Content Network
The ACTU claimed the five minimum conditions was not sufficiently comprehensive. They argued employees could lose entitlements they previously had, including wage rates based on skill levels, standard hours of work, work-related allowances, annual leave loading, redundancy pay, overtime pay, and weekend and shift work rates of pay. Employees ...
The Fair Work Act 2009 covers most Australian employees with rights such as fair pay scales, 38 hour weeks, overtime, at least 28 days holidays, paid parental leave, superannuation, and job security. Casual workers do not have many of these rights.
Superannuation in Australia, or "super", is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.
In the 2016 federal budget, the government proposed to reduce, effective 1 July 2016, the annual before-tax contributions limit to $25,000. Since 2014/15, the annual non-concessional contributions cap was $180,000 (or $540,000 in a three-year period under the bring-forward rule [ 7 ] ), up from $150,000 and $450,000 previously.
The Superannuation Industry (Supervision) Act 1993 is an Australian labour law statute that regulates superannuation in Australia. See also. Australian labour law;
The article highlights that large pay gaps, as suggested by Tournament Theory, may be perceived as unfair by employees, leading to reduce trust and organizational commitment. Therefore, in public sector settings, there is a need to balance the motivating effects of pay differentials with the importance of fairness and distributive justice ...
When the SSA calculates your payout, any year you haven’t worked is counted as an income of zero — this could significantly reduce the benefit you’re eligible to receive.
When people "take leave" in this way, they are usually taking days off from their work that have been pre-approved by their employer in their contracts of employment. Labour laws normally mandate that these paid-leave days be compensated at either 100% of normal pay, or at a very high percentage of normal days' pay, such as 75% or 80%.