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Retailers caught in the penalty rate

Retailers caught in the penalty rate

Retailers caught in the penalty rate

Over 350,000 casual retail employees will now receive an increased penalty rate for Saturday work as announced by Fair Work President Justice Iain Ross yesterday.

The first rate increase is 15 per cent from 1 November 2018, with the rates going up five per cent annually until March 2020.

According to Senior Employment Relations Adviser Alexandra Woods from Australia’s largest workplace relations firm Employsure, representing close to 20,000 SMEs, the increased penalty rates are causing frustration and confusion for small-business retailers that are constantly being hit with changes.

“Small business employers are feeling the pinch during the peak season and increasing consumer demand for longer operating hours before Christmas,” Woods said. “Many retailers by now have already planned rosters and hired casuals before the busy wave of Christmas. Now, with this decision introduced, retailers are going to have to rethink their rostering arrangements and budgets.”

Read the full article here.

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