Posted 23/05/2014 by Jaan Murphy
Changes to payment of leave loading on termination of employment
This FlagPost examines the changes proposed by the Fair Work Amendment Bill 2014, in relation to payment of leave loading on unused annual leave when an employee ceases employment, and what those changes would mean for employers and employees.
Annual leave loading is designed to compensate employees for notional loss of overtime earnings whilst on leave. Despite this, it is relatively common in sectors where overtime ... Read more...
TAGS: Employment, employer, employee, industrial relations, Fair Work Act