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Word index & definitions
An absorption agreement is an agreement under which an employee accepts that the salary or wages an employer pays them includes payment for all monetary entitlements under any applicable modern award or enterprise agreement, including:
- overtime;
- penalties;
- loadings; and
- allowances.
Located in these topics
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Annualised salaries allow you to pay an employee the same weekly and fortnightly wage regardless of the hours they work…
![What is an annualised salary?]()
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You may make an agreement to have overtime, penalties and shift allowances absorbed into an over-award payment.
![Can you agree not to pay allowances, penalties or overtime?]()
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An absorption agreement can be contained in an employment contract.
![What is an absorption agreement?]()
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