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Does your annualised wage arrangement cover award entitlements

Online
16th June 2023

Summary

In this webinar we discuss annualised wage arrangements under modern awards and what employers should know to stay compliant.


Our webinar covers:

  • What an annualised wage arrangement is
  • Annualised wage arrangement clauses in the Hospitality Industry General Award (HIGA) and Restaurant Industry Award (RIA)
  • Employer’s record keeping obligations for annualised wage arrangements
  • Employer’s obligations to reconcile and review annualised wage arrangements
  • Examples of annualised wage modelling and using data to optimise employees’ annualised wages

Key takeaways

  • Understand if your annualised wage arrangements consistently cover entitlements and outer limits outlined in the award
  • Understand how annualised wages can potentially cause overpayments as well as underpayments
  • Understand the impact of offsetting for salaried employees over a 12 month period

Speakers

Duncan Stone
CEO
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Nicole Monteiro
Legal Interpretation Manager
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CEO
Duncan has a Masters in Business Decision Sciences and is a former Director of Innovation & Disruption and Economics & Policy Practices at PwC. At PwC Duncan built the joint venture between CSIRO Data 61 and PwC and has been CEO of PaidRight since it was established as an independent company in 2020.
Legal Interpretation Manager
Nicole previously worked in state government with extensive experience in analysing, interpreting, applying legislation and translating it into maths. She has reviewed and translated over 50 Awards and EAs at PaidRight, removing ambiguities and simplifying the complexities that surround interpretation for our pay modelling team.