Get set for a 2.5% wage increase on 1 July 2015
Category : Practice Updates
The Fair Work Commission has announced a 2.5% increase to minimum wages. The increase will apply from the first full pay period starting on or after 1 July 2015.
The Fair Work Ombudsman is working on updating their pay tools with the new pay rates and will make an announcement when they’re available.
The increase only applies to employees that get their pay rates from the national minimum wage, a modern award or in some cases a registered agreement.
The new national minimum wage will be $656.90 per week or $17.29 per hour. The national minimum wage applies to employees who aren’t covered by an award or agreement.
Most employees are covered by an award. Award rates will increase by 2.5%. If you’re not sure which award applies to you, they can be viewed here List of awards.
What happens next?
The Fair Work Commission will issue draft determinations and orders about how this decision affects each modern award. Updated information will be available by 1 July 2015.
You can also follow the Fair Work Ombudsman on Twitter, Linked In or Facebook for updates on the minimum wage decision and other important news affecting your workplace.
Find out more:
Source: Fair Work Ombudsman