An enterprise agreement will enter into force seven days after the Approval of the Fair Work Commission or at a later date in accordance with the agreement. From that date, an employee`s terms and conditions are deducted from the enterprise agreement. Employers, workers and their representatives are involved in the process of negotiating a proposed enterprise agreement. The employer must notify its employees of the right to be represented by a negotiator when negotiating an enterprise agreement (with the exception of an agreement on green grasslands) and no later than 14 days after the deadline for notification of the agreement (usually the start of negotiations). Disclosure should be notified to any current worker who is covered by the enterprise agreement. A standard enterprise agreement would take three years. The parties approve the proposed enterprise agreements between them (voting is underway for workers). The Fair Work Commission then evaluates them for approval. (Under the Fair Labour Act of 2009, agreements that are now renamed «Enterprise Agreements» are now renamed «Enterprise Agreements» and submitted to the Fair Work Commission to assess modern attribution rights and verify violations of the law.) [1] A greenfields agreement can be entered into for a real new business that one or more employers are creating or considering creating. This type of enterprise agreement must be concluded at least with a union before employing all persons covered by the agreement. Any union that is a party to the agreement must be able to represent the majority of the workers it covers. Once the negotiations are over and a draft enterprise agreement is completed, it must be voted on by the workers covered by the agreement.

Individual agreements are the most common type of collective agreement and are generally used when an employer running an existing «business» enters into an agreement with its employees – a «company» is broad to involve a business, activity, project or business. Modern rewards cover an entire sector or profession and provide a safety net between minimum wage rates and employment conditions. Business agreements can be tailored to the needs of some companies.