When it comes to agency agreements, it is important to understand the pay rates before signing on the dotted line. In 2017, the Australian Taxation Office (ATO) released new guidelines for agency agreements, including updated pay rates for employees.

According to the ATO, the minimum pay rate for an employee under an agency agreement is $24.30 per hour. This rate applies to employees who are performing work that is covered by the federal minimum wage.

For employees who are covered by an award or agreement, the minimum pay rates will vary depending on the industry and job classification. For example, the minimum pay rate for a retail assistant under the General Retail Industry Award 2010 is $20.33 per hour.

It is important to note that these are minimum pay rates, and employers are free to offer higher rates of pay if they choose. Many agencies offer higher rates in order to attract and retain top talent.

In addition to pay rates, agency agreements may include provisions for things like superannuation contributions, leave entitlements, and overtime pay. It is important to carefully review these provisions before signing an agency agreement to ensure that you are receiving fair compensation for your work.

Finally, it is important to understand your rights and responsibilities under an agency agreement. Agency workers are entitled to the same rights and protections as other employees under the Fair Work Act 2009, including the right to a safe workplace, the right to be paid correctly and on time, and the right to take leave.

In conclusion, if you are considering signing an agency agreement, it is important to understand the pay rates and other provisions included in the agreement. Be sure to carefully review the agreement and seek professional advice if necessary to ensure that you are receiving fair compensation for your work.