Articles 

News and views to help you run your business.

 

 

Monday, 18 June 2018 11:42 Written by

 

Reminder: 3.5% increase to minimum wage from 1 July

 

The Fair Work Commission has announced a 3.5% increase to minimum wages.

The increase applies from the first full pay period starting on or after 1 July 2018.

The new national minimum wage will be $719.20 per week or $18.93 per hour.

 

Who does the increase apply to?

The 3.5% increase applies to employees that get their pay rates from:

  • the national minimum wage
  • a modern award.

The national minimum wage applies to employees who aren’t covered by an award or agreement.

For employees covered by an award, award rates will increase by 3.5%. If you’re not sure which award applies, use Find my award.

If you’re covered by a registered agreement, you should check it to see whether this increase affects you. For more information, visit  Annual Wage Review and registered agreements.

The increase doesn’t affect employees who already get paid more than the new minimum wage.

 

Some penalty rates are changing too

Remember, there will be further changes to Sunday penalty rates in some hospitality and retail awards from 1 July 2018, following a decision from the Fair Work Commission last year.

Visit Penalty rates changes 2017 page for more information about what the changes are, who they affect and how they're being implemented.

 

Source: https://www.fairwork.gov.au/about-us/news-and-media-releases/website-news/get-set-for-a-3-5-wage-increase-2018-annual-wage-review

 

We would love for you to follow us on social so you get all our updates.  You can find us here:

 

logo facebook 32  logo google 32  logo linkedin 32  logo twitter 32

 


 

 

 

 

Subscribe to our newsletter and get articles

delivered straight to your inbox

 

 subscribetrans 17