The importance of understanding pay rates

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The importance of understanding pay rates

With over 122 Modern Awards with multiple classifications, understanding pay rates can be difficult.

Calculating the wrong pay rates can result in costly fines and back payments to your employees.

Recently, a business on Sydney’s north shore has had to back-paid three young employees almost $35,000.  The business told Fair Work inspectors it was not aware the correct pay rates and the extent of its obligations.  An expensive way to find out. As Fair Work constantly says, "operators need to make an
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Almost $100,000 back-paid to workers in Melbourne’s South and South-Eastern suburbs Fair Work Ombudsman Natalie James says the underpayments should serve to remind all employers about how important it is for them to take the time to ensure they are aware of the minimum pay rates applicable to their staff. “A small mistake left over time can easily result in a hefty bill for back-payment of wages – so it is important employers get it right in the first place,” she said. Recent recoveries include: <
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