Minimum wage increase
The Fair Work Commission has, by the National Minimum Wage Order 2018, increased minimum wages by 3.5% from the first pay period starting on or after 1 July 2018.
This minimum wage increase applies to all employees paid the national minimum wage – employees will be entitled to a minimum take-home weekly pay of $719.20, or $18.93/hour.
Employers should review the pay rates of all employees to ensure that they are being paid at or above the appropriate pay rate.
A review should also be undertaken to ensure those employees on “annualized salaries” remain appropriately remunerated.
This information is general only and is not a substitute for proper legal advice. Please contact McKillop Legal to discuss your legal concerns or objectives.