Exact Contracting Enterprise Agreement

In 1992, Greg began implementing infrastructure projects for civilian contracts and remote areas throughout northern territory and southern Australia. The group of companies, now considered an exact contract, has become a company that employs more than 500 people throughout the country. Registered contracts apply until they are terminated or replaced. As the number of organizations is increasingly diverse and the number of people employed is more likely to exist in many types of jobs and activities, enterprise agreements can be very useful for employers with a series of distinctions. They allow a company to define its own classification structures rather than limiting the movement of staff based on premium coverage or the complex system of classifications on several distinctions. It makes compliance easier. The vast majority of labour disputes over underpayments are due to the general nature of modern public procurement classifications. It can be difficult for employers and workers to correlate very general premium classifications with the very specific roles of the company. A well-developed agreement removes this obstacle.

The consequences of this simplification may be a reduction in the time and costs of wage management, as well as a reduction in the risk of compliance. Given that staff are truly involved in the negotiation and approval process, it is likely that the agreements will identify issues that can be resolved and will discuss with the long-term commitment of staff to the organization. Employers who have successfully implemented workplace agreements also indicate that the existence of an agreement and the negotiation process can add value to the broader work culture. The Fair Work Commission can also help employers and workers who are embarking on the „New Approaches“ program. Learn more about the new approaches on the Fair Labour Commission website. When modern rewards offer basic employment standards for entire sectors or trades, enterprise agreements are tailored agreements that meet the needs of a given company. These collective agreements are concluded between employers and workers and generally concern the conditions of employment for all. Companies can enter into agreements with their elected representatives between one or more employers and two or more employees.