The FWC will apply a strict means test called „Better Off Over test“ against a company agreement, to ensure that the agreement has not penalized the employee. A company agreement sets out the minimum conditions of employment between one or more employers and their employees or a group of their employees. The agreement may apply either in isolation from another price or contain certain conditions of the respective higher price. Company agreements can include a wide range of issues such as: single-company agreements are the most common type of collective agreements and are normally used when an employer who runs an existing „business“ enters into an agreement with its employees – a „business“ is usually defined to encompass a company, activity, project or business. .