How Do They Decide What to Pay Someone?
Find out all about pay rates, award rates and more.
Your Pay
Most businesses will pay the 'award rate', but what exactly is that?
Award rates of pay refer to the minimum wages and conditions set by industrial awards or agreements that govern employment in specific industries in a particular region or country.
These awards outline minimum pay rates, working hours, leave entitlements, and other conditions of employment. Award rates can vary based on factors things as your age and responsibilities will decide what rate you are paid.
Some businesses have an enterprise agreement where they negotiate directly with their employees, the Fair Work Commission will check to make sure that it meets the Fair Work Act 2009.
Employers and employees need to be aware of the relevant award that applies to their industry to ensure compliance with minimum standards. Failing to adhere to award rates can result in legal consequences and penalties. Here are some of the common awards if you want to check them out:
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Find out all about pay rates, award rates and more.
If you've just started your first job, you might have heard about super (short for superannuation). Maybe it’s been mentioned in your payslips or by your employer, but what exactly is it?
