The compensation system is an integral part of the collective agreement as it defines minimum wages. The most commonly used wage-setting methods for all employees were registered collective agreements (38.3%), unregistered individual agreements (31.2%) distinction (20.0%). Unregistered collective agreement (2.6%) and the registered individual agreement (2.4%) the least used method for setting remuneration. The remaining 5.4% of employees were registered business owners.  The decision to obtain an employment agreement depends on the impact of the corresponding bonus on your company`s employment needs. Since formally filed employment contracts are instead of bonuses, employers are able to change certain premium conditions that do not meet the needs of their business, provided that workers are not financially worse off than the supplement. This can be particularly useful for dairy farmers, as this work is not part of the usual hours. The collective agreement guarantees the correct evolution of wages. To this end, he agrees with the minimum wages and general wage increases that form the basis of the employee compensation system. In addition, you can negotiate your personal increases.
A dispute settlement clause, a consultation clause and a flexibility clause are also mandatory. There are model clauses that can be included in your agreement. If a job has a registered contract, the premium does not apply. However, if one contracting party violates the terms of the contract, the other party may take legal action to order the other party to submit to the agreement or to pay the other party the losses or monetary policy damage caused by the breached contract. An enterprise agreement sets out the minimum conditions of employment between one or more employers and their employees or a group of employees. The agreement may either be isolated from another arbitration decision or may include certain conditions of the parents` price. By May 2004, AEAs had achieved coverage of about 2.4% of the workforce.  Mining companies have advanced the agreements with some success and have offered substantial wage increases to workers who have opted for an AWA.
In addition, there are generally binding collective agreements. These important agreements also bind disorganized employers and workers who work for them. Enterprise agreements must have an expiry date of no more than four years from the date the Fair Work Commission approves the agreement. An Australian Labour Agreement (AWA) was a kind of formalized individual contract negotiated between an employer and a worker in Australia that existed from 1996 to 2009.