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Terms

Paid Parental Leave

Leave taken when a child is born or adopted in which an employee receives payment from an employer, Parental Leave Pay from the Australian government, or both. There is no obligation for an employer to provide paid parental leave.

Partnership Agreement

Is an agreement between two or more parties in a partnership, which sets out the terms and conditions of the relationship between partners.

Penalty Rates

An Award or agreement mandated entitlement, that is higher than the usual minimum wage paid to an employee when working anti-social hours (e.g. weekends, public holidays, overtime, late nights and / or early mornings). The amount an employee is paid when working outside of ‘normal conditions’ depend on the terms of their agreement, contract and Modern Award.

Personal Leave

A form of paid leave, which allows an employee to take time off for the purposes of dealing with personal illness, caring responsibilities and family emergencies. Pursuant to the NES, employees are entitled to accrue up to ten days of personal leave each year which accumulates from year to year.

Private Enterprise

Business or industry that is managed by independent companies or private individuals rather than being controlled and / or owned by the government or units controlled by the government.

Probationary Period

A period used to assess whether a new employee is suitable for the role and or business. The employer decides on the length of the probation period. Employees on probation must receive the same minimum entitlements as those not on probation. If a permanent employee does not pass their probation, they are still entitled to receive notice when their employment ends and have relevant entitlements paid out.

Pty Ltd

Short for ‘Proprietary Limited,’ this term applies to private companies who do not offer company shares to the general public or have no more than 50 non-employee shareholders

Public Holidays

A day of national or state recognition, which may give rise to an employee entitlement for a day off. Although the standard presumption is employees do not have to work on a public holiday, an employer can ask an employee to work on a public holiday, if the request is reasonable.

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