ALERT!

Temporary Award Flexibility Schedule Inserted into the Real Estate Award

The Full Bench of the Fair Work Commission has varied the Real Estate Award in response to the COVID-19 pandemic by adding a new Schedule I to apply from an employee’s first full pay period commencing on or after 6 August 2020.

The Schedule applies to employees who were employed as a commission-only salesperson as at 6 August 2020.  An employee who is not employed as a commission-only salesperson as at 6 August 2020, is not eligible to be employed on a commission-only basis prior to 1 November 2020

The Full Bench considered the insertion of Schedule I to be appropriate to allow the months of May to October to be disregarded for the purpose of determining whether commission-only employees have met minimum income threshold amounts (MITA).

Aitken Legal recommends that employers in the real estate industry review the new Schedule I and seek advice if uncertain.

Disclaimer: The information contained this article is general and intended as a guide only. Professional advice should be sought before applying any of the information to particular circumstances. While every reasonable care has been taken in the preparation of this update, Aitken Legal does not accept liability for any errors it may contain. Liability limited by a scheme approved under professional standards legislation.