Based on what you've told us, it looks like you're covered by the Manufacturing and Associated Industries and Occupations Award 2010 [MA000010].
Some supervisory employees can agree to be paid an annual salary instead of a weekly or hourly award pay rate.
The annual salary agreement must be in writing and tell the employee:
- that they will be paid an annual salary
- which payments will be included
- how the agreement doesn't disadvantage them
- the date the salary agreement starts.
Minimum annual salary payment
The annual salary has to be the same amount or more than the minimum weekly wage, plus the award payments included in the salary (eg. penalty rates), an employee would have been paid over:
- a year, or
- a shorter period, if the employment ends before a year.
This is to make sure that an employee getting an annual salary isn't disadvantaged.
Review of annual salary
An employee’s annual salary has to be reviewed at least once a year.
The review is to make sure that the employee is being paid the correct amount to cover:
- the minimum weekly wage, and
- all the included award payments.
Termination of annual salary
The annual salary agreement may be terminated:
- by the employer or the employee giving 12 months’ written notice of termination and the agreement ceasing to operate at the end of the notice period or
- at any time, by written agreement between the employer and the employee.
Check the Manufacturing Award for all entitlements for employees who are paid a salary.
To find out more about who this award applies to, go to the Manufacturing Award summary.
Source reference: Manufacturing and Associated Industries and Occupations Award 2010 [MA000010] clause 24.1 (g)