Question 1

What are the current Banking, Finance and Insurance Award pay rates?

Accepted Answer

The current Banking, Finance and Insurance Award rates are set by Fair Work Australia and updated annually. Roster Flow automatically applies the correct rates based on employee classification, shift timing, and day of week.

Question 2

Does Roster Flow automatically apply Banking, Finance and Insurance Award rates?

Accepted Answer

Yes. When you set an employee's Award classification in Roster Flow, the software automatically calculates the correct rate for each shift including penalty rates and casual loading.