VECCI welcomes FWC decision on annual leave management

CHIEF Executive Mark Stone says VECCI welcomes the Fair Work Commission (FWC) decision to introduce reasonable changes regarding the management of annual leave, as part of the FWC’s review of annual leave award provisions.

The announced changes mean:

• Employers can direct an employee to take paid annual leave in circumstances where the employee holds an excessive balance of accrued annual leave.
• Employees paid by means of EFT are able to be paid in accordance with their usual pay cycle while on paid annual leave rather than prior to commencement.
• Employers can grant an employee leave in advance.
• Employees are able to cash out a portion of their annual leave (provided their employer agrees) subject to a number of safeguards, including a residual balance of no less than four weeks annual leave. 

VECCI acknowledges the FWC has listened to the concerns of business in making these changes. We will continue to advocate for changes to our workplace relations system that support job growth, particularly given the fragility of our economy and persistently high unemployment, especially among young people.

The Victorian Employers' Chamber of Commerce and Industry (VECCI) is the most influential business organisation in Victoria, informing and servicing more than 15,000 members, customers and clients around the state.

vecci.org.au  

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