Industry Wide Awards/Modern Awards

These set out legally enforceable minimum conditions of employment, such as pay and length of shifts for employees in a certain industry, such as nursing. key matters included in these awards are: types of employment (full-time, part-time, casual), overtime rates, penalty rates, superannuation arrangements, details of leave both are finalized by fair work commissions both set out the basic pay and working condition= similarities with enterprise Difference who it applies= for an industry(for modern) a specific workplace(enterprise) system-= centralised(for modern) decentralised(enterprise) advantages = less costly and less time spent disadvantages=the business may not attract the best candidates and cannot be customized to the needs of the business