The Fair Work Commission, FWC, announced a reduction to Sunday penalty rates to be phased in gradually over the course of four years. Reduced from 200% to 150% by 2020 over four cuts, once a year. Australian Retailers Association, the ARA, stated retailers expected to bulk up employment as a result of the change to lower penalty rates, but will be hampered by prospective reviews that would be conducted at the request of unions such as the Shop, Distributive, and Allied Employees Association. The ARA will challenge any attempt to defer the reduction of penalty rates, which will affect the retail, fast food, pharmacy and hospitality awards.
Key Takeaways:
- Cuts to penalty rates will affect retail, fast food, pharmacy, and hospitality awards.
- Fair Work Commission states that this matter has already been addressed.
- Transitional arrangements have been suggested to alleviate hardships that that these penalties may inflict.
“Cuts to penalty rates in the Retail Award will be phased in over four years, however retail lobbyists are unhappy about the decision.”
Read more: http://c-store.com.au/2017/06/06/penalty-rates-cut-staggered-transition-period/
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