Mutual Agreement For Salary Deduction

» Posted by on Sep 28, 2021 in Uncategorized | 0 comments

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At company level, company agreements on working and employment conditions are concluded between employers and employees. It lays down minimum conditions of employment and national employment standards continue to apply. If an employer uses a registered agreement, the bonus does not apply. As an employer, the first step in adjusting an employee`s salary is to review the employee`s contract. The contract describes the employee`s salary, all benefits and the frequency of the pay slip. It is important to remember that awards, company agreements, the Fair Work Act (2009) and all annual performance evaluation conditions govern your ability to reduce an employee`s compensation even in these exceptional times. It may seem strange that an employee would agree, but companies often negotiate job security with a deduction from salary. For example, many companies should take different measures during the global pandemic as we know it, such as flexible working rules, reducing working hours and lowering wages in order to preserve as many jobs as possible. It is important to note that any change in the amount of the deduction must be approved in writing by the worker. This must indicate the amount of the deduction and may be revoked at any time in writing by the worker. Tools and services are available upon request for people with disabilities. Customers who are deaf, hard of hearing, or hard of hearing can contact Relay Texas: 800-735-2989 (TTY) and 711 (Voice).

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