If you operate in the hospitality, retail or fast food industries then you will know that this announcement has been made http://www.hcamag.com/hr-news/fwc-makes-major-changes-to-penalty-rates-231711.aspx
For those of you in other businesses and industries what does this mean for you:
1. Watch and keep yourself up to date with how this is handled. We have already seen a number of unions, including the CFMEU (who do not cover affected employees) lobby for the penalty rate decision to be reversed
2. Changes in the Fair Work area are announced well in advance of them being implemented. These penalty rate changes do not come into effect until July.
3. Staff wages and fair payment are always under the spotlight of the media and Fair Work – it is one area of your business that you must get right.
Here are a few other articles and comments for your info
– AHRI on impact of penalty rate changes http://www.hrmonline.com.au/section/featured/penalty-rate-cuts-fallout/