Fair Work Commission Increases Minimum Wage by 5.2%

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Fair Work Commission Increases Minimum Wage by 5.2%

The Fair Work Commission has announced a 5.2% increase to the national minimum wage and a 4.6% rise to award minimum wages, subject to a minimum increase for adult award classifications of $40 per week.

This two-tiered approach is a departure from a fixed percentage across the board, with the aim to protect the real value of wages of the lowest paid workers.

The Commission’s President, Justice

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3% minimum wage increase from July 1

The Fair Work Commission has announced that from July 1 the national minimum wage will increase by 3% to $740.80 per week. This equates to an hourly rate of $19.49. A minimum wage is an employee's base rate of pay for ordinary hours worked. It has also announced an increase of 3% in all modern award minimum wages, which govern minimum mandatory pay rates in certain occupations or industries.   Confused already?   Contact us here The decision
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Key considerations for your business for 2019 – your people management checklist!

It's a new year and a great time to check your key considerations for your business in 2019!  Its imperative that you have your “people management” in order. By doing so at the start of the year can help have your team, and therefore your business, working like a well-oiled machine so you can turn your head to running/growing the business. Here are some of our key considerations that should definitely be on your list. Do you have a tick or a cross against these points?  If you have ticks – then you are well on yo
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Welcome to the New Financial Year!

The New Financial Year is here. You've finished up the last financial year, set your budget up for this year and you are off and running again!  Good stuff.  However, if you didn't think to review your HR practices by June 30, you can do so now to set up this financial year with a healthy, compliant HR process.  HR strategies really should be incorporated in to your business plan, as your people are what drive your business, hopefully, forward! Here are five things you might want to think about:

1. Budgets

C
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Fair Work Increases Minimum Wage, following cuts to Penalty Rates

The Fair Work Commission increases the minimum wage to combat changes to Penalty Rates.

Yesterday the Fair Work Commission announced that they will be increasing the National Minimum Wage by 3.3%.   This increase will take place as of July 1st 2017 and is expected to increase weekly wages by $22.20.   While this may seem like a small increase, 2.3 million people in Australia will benefit from this decision. This decision follows on from another recent announcement surroun
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