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Section : Employer must comply with guarantee
Domain : Human Resource Management
Classification : Not Identified
Text Content
(1) An employer that has given a guarantee of annual earnings to an employee must (subject to any reductions arising from circumstances in which the employer is required or entitled to reduce the employee's earnings) comply with the guarantee during any period during which the employee: (a) is a high income employee of the employer; and (b) is covered by a modern award that is in operation. Note 1: Examples of circumstances in which the employer is required or entitled to reduce the employee's earnings are unpaid leave or absence, and periods of industrial action (see Division 9 of Part 3-3). Note 2: This subsection is a civil remedy provision (see Part 4-1).