Annualised salary arrangements and modern awards

There are relatively new national rules for annual wage arrangements issued by the Fair Work Commission in amendments to various modern awards on 1 March 2020. The modern awards which have been amended to facilitate the making of annualised wage arrangements between a national system employer and full time employees are as follows;

Banking, Finance and Insurance Award

Broadcasting Award

Clerks Award

Contract Call Centres Award

Hydrocarbons Industry (Upstream) Award

Legal Award

Local Government Award

Manufacturing Award

Mining Award

Oil Refining and Manufacturing Award

Pharmacy Award

Rail Award

Salt Award

Telecommunications Award

Water Award

Wool Award

The awards have been chosen because they represent the most likely awards to cover the employment of some high income employees.

I will be posting further information about the nature of and the conditions for the making of annualised wage arrangements in the future.