Real Estate Award Wages

Real estate employee level 3 supervisory level 3176 6352 Real estate employee level 4 in-charge level. Minimum wage Real Estate Employee Level 1 Associate Level first 12 months 72820 Real Estate Employee Level 1 Associate Level after 12 months 76860 Real Estate Employee Level 2 Representative Level 80910 Real Estate Employee Level 3 Supervisory Level 89000 Real Estate Employee Level 4 In-charge Level 93050.

Award Wage Review Increase 1 November 2020 Group 2 Awards Workplace Assured

Minimum wage rates in modern awards will be increased by 3 with weekly rates rounded to the nearest 10 cents.

Real estate award wages. Real Estate Employee Level 1 Associate Levelafter first 12 months of employment at this level Under 19 years. This is an increase of 2510 per week. A 175 increase to the base award wage will come into effect on 1 November 2020.

Find out what you should be paid. Or find out more. Our gorgeous Hall of Fame Award separates the few from the rest the highest-flyers from those still trying to reach the sky.

Pay Conditions Guides. This will take for example the new minimum rate of pay for Real Estate Employee – Level 2 to 86250. And our Circle of Excellence Award is in class all its own.

41 This award covers employers in Australia engaged in the real estate industry in respect to their employees engaged in classifications in clause 14Minimum weekly wages to the exclusion of any other modern award. Nebraska beats the national average by 76 and Washington furthers that trend with another 9388 113 above the 82898. Real Estate Industry Award wages.

This means that the minimum award wage for a Real Estate Level 2 employee increases from 86250 per week to 87760 per week. Every award has information about who is covered by it. Awards dont apply when an employer has an enterprise agreement or other registered agreement and the employee is covered by it.

Weve identified eight states where the typical salary for a Real Estate Agent job is above the national average. Their weekly wage is 93050. The Real Estate Employers Federation is the leading workplace advisory service for the real estate industry.

The pay guides have the current minimum pay rates for full-time part-time and casual employees in an award. Topping the list is Washington with Maryland and Nebraska close behind in second and third. Real estate employee level 2 representative level 2661 5322 Real estate employee level 3 supervisory level 2928 5856 Real estate employee level 4 in-charge level 3061 6122.

They also include all the monetary allowances and the most frequently used penalty rates for each classification. REEF publishes a Rates of Pay booklet see below each year to help employers. Use our tool to get a personalized report on your market worth.

To work out which award applies read. Real Estate Employee Level 3 Supervisory Level Under 19 years. Browse the full list of pay guides to access the one that applies to you.

More than 1600 real estate employers across Australia cant be wrong. A new Real Estate Employee Level 4 In-charge Level classification which can include licensees in charge and agency managers. The minimum wages and conditions an employee is entitled to are set out in awards also known as modern awards.

Real Estate Employee Level 2 Representative Level Under 19 years. 619 and all variations thereto to the extent that it applies to employees employed in any clerical capacity whatsoever by an employer as defined in Clause 3 of this award in the State of New South Wales excluding the County of Yancowinna but shall exclude employees covered by the following award in force from time to time. REEF Real Estate Employers Federation.

As the above Modern Award contains transitional provisions which phase in any increases or decreases in wage related matters including minimum wages penalties loadings and some allowances from the conditions of the applicable pre-modern award the below Pay Conditions Guides must be read in conjunction with the above. It sets out a comprehensive schedule of minimum rates of pay for all classifications including adult and junior applicable to our industry and includes rates of pay for full-time part-time and casual employees. This award rescinds and replaces the Clerical and Administrative Employees State Award published 14 February 1997 296 IG.

For real estate agents who have consistently done wonderful work over a career peppered with distinctions and honors they belong inside the Circle of Excellence. Remember minimum wages are reviewed and can change from 1 July every year so its important to come back to our website and check these rates.

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