awards and agreements Flashcards
1
Q
What are Awards?
A
Awards are set of conditions set as minimum for an industry in the business sector.
2
Q
What are two advantages and two disadvantages of agreements?
A
- attract more skilled and capable employees
- since agreements provide more than awards, productivity will be higher
- cost more
- time consuming to negotiate
3
Q
What are agreements?
A
Agreements are set workplace conditions and pay negotiated between unions or employees and the employer or businesses. Agreements go beyond awards and provide better set of working conditions and pay.
4
Q
Pay:
A
Hourly rate of money earned per hour
5
Q
Conditions
A
Other types of requirements for employees, such as break times, safety, sick leave etc