BENOS RENOS & demo

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Annualised wages and annual salaries aren’t the same thing, but a common thread is that you can’t be paid less than the minimum entitlements you would otherwise receive if you were paid your award or enterprise agreement rates.

An annualised wage arrangement is a term in some awards and enterprise agreements that allows an employer to pay you more than your minimum hourly base rate to cover other entitlements like penalty rates or annual leave loading.

An employment contract may set out an annual salary. This type of agreement is different to an annualised wage under an award or enterprise agreement, but still can’t be less than your minimum entitlements even if you’ve agreed to it.

We’ve got more info about annualised wages in common awards, including record-keeping and reconciliation requirements for employers here: https://www.fairwork.gov.au/pay-and-wages/minimum-wages/annualised-wages

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