High Income Threshold has risen from today to ….

The high income threshold for employee remunerations and salaries has risen from July 1, 2010 to $113,800 for full time employees.  This rate will affect employers and employees in relation to matters related to unfair dismissal claims - in particular where the employer has offered a guarantee of annual earnings.  Employers may either provided new guarantee of annual earnings or remain aware that some employees previously precluded from an award are now again covered by that award’s entitlements.