The Fair Work Commission has announced a 2.5% increase in the national minimum wage as part of the Annual Wage Review. This increase will also apply to award wages.
The increase will come into effect for some awards from 1 July 2021, along with the Superannuation Guarantee increase from 9.5% to 10% for employees.
The operative dates for different groups of awards are as follows:
The national minimum wage order contains:
For a full list of the awards under each group and to see when the increase will come into effect for each of your employee categories, click the button below:
What to do now:
We suggest you subscribe to the Fair Work Commission alerts to receive email updates as they continue to provide new information including when new rates are available. The alerts include updates on topics including:
With the minimum wage increase coming into effect in as little as two weeks, it is important you are prepared. AFS can assist you with cash flow management for your payroll to ensure your business can successfully manage the increase. Give us a call on 03 5443 0344 or email firstname.lastname@example.org