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Contents Introduction Key Characteristics Impact on the Economy Recent Changes Conclusion Bibliography Appendix A Newspaper article Appendix B Magazine/Journal Article Appendix C Australian Government Website Material Appendix D Non-government Website Material Appendix E Book Excerpt Introduction Workplace relations play a very crucial role within the Economy of Australia. The IR or industrial relations system various laws and procedures have been established to organise workplace relations. Industrial relations concentrate on determining the process of setting wage levels and resolving conflicts within the labour market. This report will effectively display key characteristics, impacts and contemporary changes of Workplace Relations. Key Characteristics An important part of Workplace Relations is Wage setting. Industrial relations allow three ways to set the wage level of employees. Firstly the collective enterprise agreement Is a very consistent form of wage setting. These agreements are negotiated between employers and the employees. Secondly there are AWAs or awards which state the minimal standards that must be follow by employers. Lastly there are also individual contracts which are discussed and...

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