How will market salary rates be assessed?
Market salary rates arrangements mean that Subclass 457 visa holders will benefit from the same terms and conditions of employment as provided to an equivalent Australian undertaking equivalent work in the same workplace at the same location. Where there is an equivalent Australian in the workplace, the market salary rate will be determined by the industrial arrangements that apply to this employee. Examples of these industrial arrangements include: Collective agreement, award, award conditions with over award salary rates, common law contract. Where there is not an Australian performing equivalent work in the same workplace, the employer may demonstrate the market rate by reference to the applicable modern award or collective agreement. In absence of an award of collective agreement the employer is to provide a range of evidence to substantiate the market salary rate. The evidence could include remuneration surveys, published earnings data or evidence of what employees are paid in sim
