Have you increased your rates of pay? Do you provide other benefits to employees, such as a company vehicle? When was the last time you checked your employment contracts?
Following the rate changes from 1 July 2020 and leading up to those changes coming into effect 1 November 2020, it is prudent for you to ensure that you are paying the correct rates of pay. This is not only for the benefit of your employees but will ensure that you are making the correct contributions to super, ACIRT (if applicable), long service leave, and other employee benefits and remaining compliant with your obligations under the law.
MBA can provide you with guidance regarding the minimum amounts payable under the Award, mandatory contributions and aims to keep you up to date with information regarding any changes to your obligations as an employer. Keep an eye on the member updates for news on any important changes.