The Fair Work Commission (FWC) has recently announced a 3.5% increase to minimum wages.
This increase applies from the first full pay period that starts on or after 1 July 2018.
The new national minimum wage for a full time permanent employee will be $719.20 per week. This equates to $18.93 per hour, and $23.66 for a casual employee.
The Fair Work Commission is currently working on updating the new pay rates. It usually takes a few weeks for the FWC to do this.
The 3.5% increase applies to employees that are on the national minimum wage or are covered by a modern award.
The national minimum wage applies to employees who aren’t covered by an award or an agreement.
If you’re covered by a registered enterprise agreement, you should check it to see whether if there are increases contained in the agreement.
The increase doesn’t affect employees who already get paid more than the new minimum wage or more than current modern award rates, but it’s a good idea to check your rates to make sure you are still above the new minimum rates.
For further expert advice on human resources, get in touch 1300 662 399 or email me directly at firstname.lastname@example.org