Modern award
Ruling on minimum pay rates and other conditions of work in Australia / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Industrial award?
Summarize this article for a 10 year old
A modern award (or award previously known as an "industrial award") is a ruling in Australian labour law of the national Fair Work Commission (or its predecessor) or by a state industrial relations commission which grants all wage earners in one industry or occupation the same minimum pay rates and conditions of employment such as leave entitlements, overtime and shift work, as well as other workplace-related conditions. The national awards, with the National Employment Standards, provide a minimum safety net of terms and conditions of employment for all national system employees.[1] The pay rates are often called award wages or award rates. Awards in Australia are part of the system of compulsory arbitration in industrial relations.