Who is covered by the banking finance and insurance award? 4.2 Banking,finance and insurance industry means the industries of banking,lending,loaning,providing credit,investment,finance,superannuation,all forms of insurance,credit unions,building societies,financial intermediaries,trustee creditors and agencies,money market dealers,credit or charge card
Who is covered by the banking finance and insurance award?
4.2 Banking,finance and insurance industry means the industries of banking,lending,loaning,providing credit,investment,finance,superannuation,all forms of insurance,credit unions,building societies,financial intermediaries,trustee creditors and agencies,money market dealers,credit or charge card institutions,wool …
What is the bfi award?
Every year, BFI Future Film Festival awards a number of prizes to the best films within our short film programme. The awards are judged by a range of industry professionals. Three of them (Best Director, Best Film and Best New Talent) are judged by our festival jury.
What award is an accountant covered by?
Accountants in a bank, for example, may be covered by the Banking, Finance and Insurance Award 2010, whereas an accountant in an accounting firm will be award-free.
What is the minimum award wage?
The National Minimum Wage applies to employees not covered by an award or registered agreement. This is the minimum pay rate provided by the Fair Work Act 2009 and is reviewed each year. As of 1 July 2021 the national minimum wage is $20.33 per hour or $772.60 per week.
Do bank employees get paid overtime?
Bank employees are often required to work more than 40 hours per week, and are therefore entitled to overtime pay. For example, bank tellers must be compensated for time spent before and after shifts filling out paperwork, counting cash drawers, and reconciling deposits and withdrawals.
Whats is financial?
adjective. pertaining to monetary receipts and expenditures; pertaining or relating to money matters; pecuniary: financial operations. of or relating to those commonly engaged in dealing with money and credit. noun.
How do I know if I am covered by an award?
To be covered by an award, an employee must: work in an industry or business covered by the award. work in a job classification that is covered by the award. not be in a job or industry that is excluded from the award.
What roles are not covered by an award?
those classes of employees who, because of the nature or seniority of their role, have not traditionally been covered by awards including managerial employees and professional employees such as accountants and finance, marketing, legal, human resources, public relations and information technology specialists” (clause …
What is the basic wage in Australia 2020?
Australian minimum wage rates since 2007
| Commencement Date | Per hour | Per 38 hour week |
|---|---|---|
| 1 July 2017 | $18.29 | $694.90 |
| 1 July 2018 | $18.93 | $719.20 |
| 1 July 2019 | $19.49 | $740.80 |
| 1 July 2020 | $19.84 | $753.80 |
Is overtime after 8 hours or 40 hours?
Working more than 8 hours in a day offers the same overtime rate as over 40 hours in a week. Even if the employee works less than 40 hours in the week, long days provide additional compensation. If the long day extends to more than 12 hours, the rate increases to double the employee’s regular hourly rate.