Yesterday the Fair Work Commission decided to cut Sunday and public holiday penalty rates in the retail, fast food, hospitality and pharmacy sectors, however Sunday wages will not drop to the same level as Saturday rates.
After months of deliberation and several delays, the Commission handed down its ruling on whether Sunday pay rates should be brought in line with Saturdays this morning.
The changes to Sunday rates in workplace awards in each of the sectors are:
Retail: In the retail award, Sunday rates for full and part time workers will decrease from 200% of the regular hourly rate to 150%. For casual workers the rate will decrease from 200% to 175%.
Hospitality: In the hospitality award, the loading for full and part time workers will be reduced from 175% to 150%, while there will be no change for casuals.
Fast food: Full and part time “Level 1” employees in the fast food sector will have their Sunday rates cut from a 150% loading to 125%. Casual “Level 1” employees will have their Sunday loading cut from 175% to 150%.
Pharmacy: There will be changes to pay rates for pharmacy staff working between 7:00am and 9:00pm, while those working before 7:00am and between 9:00pm and midnight will continue to get the existing loading.
These changes will affect your loan eligibility! Call us on 0425341086 to understand how these changes affect you. Email us on loans@financeandmortgage.com.au today.