Find out about annual salaries and how they can be arranged.
On this page:
- Annual salary requirements
- Records of annual salary arrangements
- Tools and resources
- Related information
Annual salary requirements
An annual salary can't be less than the minimum entitlements an employee is entitled to under the award or registered agreement that applies and the National Employment Standards.
The requirements that need to be met when agreeing to an annualised salary can be outlined in an award, employment contract, enterprise agreement or other registered agreement.
An employer and employee can agree that an annual salary covers entitlements like:
- minimum weekly wages
- annual leave loading.
Find out the rules in your award about making an annual salary agreement by selecting from the list below.
Best practice tip
Check your employment contract for details of any annual salary arrangements.
Records of annual salary arrangements
Salary agreements should be documented in writing, and identify which entitlements are included in the payment.
The employer and the employee should keep a copy of the agreement.
Tools and resources
Help for small business
Find tools, resources and information you might need in our Small business showcase.