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Getting Technical Out now!

What you need to know about Loaded Rates of Pay and STP2 Reporting

It is often the case that an employer will enter into an agreement with its workers where instead of compensating the employee for benefits provided under the relevant modern award, the agreement provides for a “Loaded” rate of pay (see below) that incorporates the base rate plus any additional benefits the employee would have been entitled to under the modern award into a single pay rate.

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27 Oct 2022
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