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UPDATE: New termination payment laws

UPDATE: New termination payment laws

The Real Estate Industry Award and the Clerks – Private Sector Award have been varied regarding the timing of payments to employees on termination of their employment.

From 1 November 2018, any entitlements due to an employee on termination of their employment need to be paid within seven (7) calendar days of the date of termination. This includes things like pay for time worked, accrued annual leave and, where applicable, long service leave and redundancy pay.

 



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The Real Estate Employers' Federation is the real estate industry’s leading not-for-profit employer and workplace relations advisory association. It has more than 1600 members and subscribers across Australia.

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