Cuts to penalty rates in the Retail Award will be phased in over four years, however retail lobbyists are unhappy about the decision.
With the end of financial year looming (EOFY), small to medium enterprises (SMEs) are being urged to ensure they are across any changes that may occur in the new financial year beginning in July.
There has been some confusion in the convenience store industry, caused by the reduction in Sunday penalty rates.
The Federal Opposition moved to block a Fair Work decision that would see some Sunday penalty rates slashed by 25 per cent.
FWC president suggests higher ‘loaded’ hourly rate in lieu of weekend penalty rates to simplify current system.