Changes are coming to the Professional Employees Award 2020

Professional Employees Award

If you employ professionally qualified staff in the information technology, medical research, quality auditing or telecommunications services industries, you need to be aware that there are changes coming in terms of award requirements around ordinary hours of work and overtime payments.

This may impact what you need to legally pay your staff to avoid being labelled a wage thief.

One saving grace is that employees who have a contractual entitlement to an annual salary which exceeds the appropriate minimum annual award wage for their classification by 25%, are exempt from most of these changes.

If this is you, please take the time to review the changes and work out if you need to start paying (more) overtime to your staff.

To learn more click here

 

Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow.  Contact Wayne below for a free no obligation session.

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Let Wayne Wanders, a fully qualified and experienced CFO, help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times. Wayne Wanders, A Real CFO wayne@aRealCFO.com.au
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