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- Modern awards
- Coverage of modern awards
High income employees
Part 2-9 Division 3 of the FW Act contains provisions for the exclusion (from the application of modern awards) of employees who are subject to a ‘guarantee of annual earnings’ provided by their employer. Such a guarantee can only be made in respect of an employee who earns more than the ‘high income threshold’. Detailed provisions set out how employees’ earnings are to be calculated for these purposes, and the requirements for and consequences of entering into a guarantee of annual earnings.
See High income employees.