October 18, 2018
Breaking HR News: You now have 7 days to make a termination payment
The Fair Work Commission (Commission) has handed down determinations to make variations to a number of modern awards.
The most recent announcement is in relation to the new Payment of Termination clauses which have been inserted in most awards.
What does this mean for your business?
Essentially, employers must pay all wages and any other amounts due to an employee no later than 7 days after the day of termination. You can view the Schedule of determinations here.
When the changes will be effective?
The changes will come into effect from the first full pay period on or after 1 November 2018.
If you’re concerned about how these changes might affect you and your business, then feel free to contact one of the Catalina Consultant team members.