The Fair Work Act allows employers and employees to enter into a collective “company agreement” that can postpone the award conditions. A company agreement must be put to the vote of the staff and supported by more than 50% of the voters. There are detailed processes for approving such agreements and they must be approved by the Fair Work Board. There are over 100 industry and professional awards that cover most people who work in Australia. This means that many employees who are not covered by an agreement are most likely covered by a bonus. A company agreement (EA) or a company agreement (ABE) are collective agreements that are subject to a rigorous application and approval process by the Fair Work Commission. Company agreements can be tailored to the needs of certain companies. An agreement must improve the overall situation of an employee in relation to the corresponding price or prices. What is an Industry AwardWhat do the awards cover? What is the difference between a distinction and an EBA? Who awards awards? Which union represents me? How can I have a say in what`s in my price? Learn more about rewards Can I see my prize? Employment contracts are formal agreements that set out the agreed terms of an employment relationship. Trade unions may be parties to company agreements or the agreement may be concluded directly with employees. Workers have the right to union (or other) representation during the bargaining process if they so wish. There are many issues relating to public procurement and company agreements and their relationship to employment contracts.
It is important to speak to an experienced labour lawyer with commercial expertise, to ensure that you understand the potential impact in managing this complex legal area. . . .