The Fair Work Act has been amended to cater for the introduction of the JobKeeper Wage Subsidy. Although overriding any modern award, enterprise agreement or employment contract, these changes will only apply to an employer and employee that have been approved (and continue to be approved) under the JobKeeper Scheme.
NOTE: Although this article seeks to summarise the new changes, there are still some details that have yet to be finalised by the Government.
Under the changes, an employer can give a direction to an employee (JobKeeper direction):
- requiring the employee to stand down without pay (completely or partially) for any period that the employee cannot be usefully employed
- making changes to employment arrangements for an employee, such as changes to the work to be performed, working days of the week and work location.
What is the JobKeeper wage subsidy?
The JobKeeper wage subsidy is a $1,500 fortnightly payment to subsidise wages of eligible employees.
To be eligible, employers must have a revenue reduction of 30% or more to and they are able to register with the ATO to apply for the subsidy (currently, employers can register their interest at the ATO Job Keeper webpage).
Some Fact Sheets from the Treasury can be accessed below:
And the Rules (and the associated Explanatory Statement) can be obtained from the following webpage: