AMAZING News For Aussies Who Have HEAPS Of Annual Leave!
Millions of Australians can now cash out their annual leave and take the money instead after reforms came into force this week.
All of Australia’s 122 workplace awards now allow Aussies to strike agreements with their bosses to cash out proportions of their leaves, as long as they have four weeks remaining after doing so.
Under the changes, it will mean that workers can cash out two weeks of leave every 12 months and employers will gain powers to force staff who have excessive leave balances to take paid leave.
The new clause affects nearly 2 million Australias who are covered by Modern Awards, the basic pay and conditions safety net for most occupations.
The changes were introduced this week after the Fair Work Commission delivered the findings into annual leave provisions.