The Star Enterprise Agreement is a significant employment contract that sets the terms and conditions of employment for workers employed by Australian casino and hotel operator, The Star Entertainment Group. This agreement was reached between the company and the casino union in 2018.
The Star Entertainment Group is a renowned casino and hotel operator with establishments operating in Australia. This enterprise agreement was established to ensure that the company’s workers are treated fairly and provided with sufficient benefits while working for the company.
The agreement improves employee benefits by introducing improved job security, annual wage increases, and enhanced redundancy payout schemes. In addition, the agreement also provides for more flexible working arrangements that benefit the company and its employees.
One of the most significant benefits of the star enterprise agreement is the improved remuneration package offered to employees. The company introduced an annual wage increase of 2.5%, which provides a significant boost to employee’s income. This wage increase is above the national average for employees in Australia, making it a highly desirable package for workers.
The agreement also provides employees with an enhanced redundancy payout scheme. Employees who are made redundant receive a package that includes four weeks of pay for each year of employment, which is significantly higher than the minimum redundancy payment scheme prescribed under Australian law.
Another significant aspect of the star enterprise agreement is the introduction of more flexible working arrangements. These arrangements provide greater work-life balance for employees, allowing them to better manage their personal and work commitments. Additionally, this flexibility benefits the company as it allows them to operate more efficiently.
In conclusion, the Star Enterprise Agreement is a significant employment contract that benefits the workers of The Star Entertainment Group and the company itself. The improved job security, annual wage increases, and redundancy payout scheme provide greater comfort and security for workers, while the flexible working arrangements benefit both the company and its employees. Overall, this agreement is an excellent example of how companies can ensure the welfare of their employees, while simultaneously building a profitable business.