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Employment Law Update - Two years on: are you effectively dealing with modern awards?

It has been almost two and a half years since the new modern award system was introduced on 1 January 2010.

Employers, some of whom have employees that are covered by a modern award for the first time as a result of the wider reach of the new system, have had time to familiarise themselves with the new system, and have had to determine how to meet their obligations in a commercial manner.

Here are our top tips for dealing effectively with the application of modern awards to your workforce:
1. Enter into high income guarantees
2. Enter into individual flexibility agreements (“IFA”)
3. Pay annualised salaries
4. Keep track of variations to modern awards
5. Check if there are any restrictions relating to superannuation contributions
6. Understand and comply with the transitional provisions
7. Include an “absorption” clause in employment contracts
8. Do not unwittingly incorporate modern awards into employment contracts
9. Modern Award Review 2012: Have your say
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