nounAustralian /NZ historical
An increased rate of pay for overtime or for work performed under abnormal conditions.
- In the absence of a specific award provision, a shift allowance is regarded as a penalty rate, that is only payable when work is performed on that shift.
- He told the Sun Herald that weekend rates, overtime and penalty rates could be bargained away, rendering the 38-hour week entirely meaningless.
- The decision delivered casual workers in the metal industry increased penalty rates, improved minimum start times and access to the option of permanent employment after 6 months service.
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