The juxtaposition of business culture in the 1980s compared to today has been reflected in the recent film The Wolf of Wall Street. Misogyni...
Ask a specialist…What does the recent decision about Sunday penalty rates mean for my business right now?
Firstly, whether the changes will impact your business depends on whether your business has employees covered by any of the Modern Awards impacted by the Fair Work Commission’s (FWC) decision. The reduction in Sunday penalty rates impacts the following Modern Awards:
In relation to taking action, the important thing to keep in mind is that these changes are not going to take effect tomorrow. The FWC has stated that the changes will be phased in to reduce their impact. Exactly what the phasing in arrangement will look like is not yet known and the FWC will be taking submissions from interested parties as to how best to transition the changes in. So, in short, there is no need to take any action yet.
Once there is greater certainty around the specifics of the arrangements to phase in the changes to Sunday penalty rates, Employsure will let impacted clients know what these changes will mean in practice.
If you have a general question that you would like answered by one of our specialists and included in an issue of The Bottom Line, please submit it to email@example.com.