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Employment Law ChangesNovember 16, 2018
This was decided after the Fair Work Commission’s four yearly review of Modern Awards to prevent ambiguity and payment errors.
Final payment is the sum of money an employer has to give their employee at the end of their employment.
This may include, but is not limited to:
This new provision places a strict timeframe on employers. Legally requiring them to make payments within a specified period – even if that happens to fall outside of the pay cycle. As such, business owners need to ensure that they have sufficient cashflow to allow for such situations. It is also important to note that the provision refers to seven calendar days and not seven working days.
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