Virgin Blue will pay its 4,000 employees a 3% one-off bonus, after profit exceeded the target to trigger the payment, the airline announced today as it revealed a 93% increase in profit.
Most of Qantas's 34,000 employees will receive $2,000 in shares and bonuses, the airline announced today as it revealed its 2006-07 pre-tax profit of more than $1 billion.
The Federal Magistrates Court has refused to issue an injunction stopping the University of Adelaide from terminating the employment of a professor who claimed he was a full-time employee, rather than on a fixed term contract.
Hourly rates of pay excluding bonuses in the private sector grew at a moderate 1% seasonally adjusted in the June quarter and 3.8% annually, according to the ABS, despite a big growth in jobs and a shortage of labour.
The AIRC has ordered Telstra to reinstate a former Sydney shop sales officer who was sacked for sexual harassment after having consensual sex in the presence of colleagues after a work-related party.
The Workplace Authority has completed its assessments of the "first few handfuls" of agreements under the fairness test provisions, with some failing, some passing, and some not requiring the test, according to its director, Barbara Bennett.
The Reserve Bank says inflation will pick up to 3% a year, but there is no sign of economy-wide wage pressure despite labour shortages and the economy nearing full capacity.
In an important decision, a Federal Court full bench majority has today upheld last year’s Nikolich ruling, in which Justice Murray Wilcox found that stockbroker JB Were’s HR policies were incorporated in a financial advisor’s employment contract.
More than a million fairness test fact sheets on order; Iemma Government warns local government to stay clear of Work Choices, says State might join Etheridge case; Leaked polling shows poor public view of Work Choices inspired Government-funded advertising campaign; and gender pay gap in mining gets wider with seniority.
Royal Automobile Club of Queensland employees are to receive a 4% annual pay rise over three years plus bonuses, improved paid parental leave and higher Saturday loadings, under a new deal with the FSU that goes to a ballot this week.
