#Everyoneneedsaplan for the wage increase
Posted by G. Dean McKinnon
on 13 June 2018
Base rates of pay to increase by 3.5%
The Fair Work Commission has announced an increase to minimum wages after their 2018 Annual Wage Review.
The increase applies to base rates of pay and will start on 1 July 2018.
The new national minimum wage will increase to $719.20 per week (or $18.93 per hour).
What to do next:
- Make sure your employee's details are current;
- Make sure your employee's are classified in their correct level of exeperience, according to the relevant award;
- Review employee's current pay rate;
- On 1 July 2018 check in with the Fairwork Commission and update pay rates (if applicable).
For more information on the increase we have included the Fair Work Commission's Annual Wage Review 2018 page here.
Please contact us if you have any queries or concerns.
Author:G. Dean McKinnon
Tags:EconomicSocial Security |
Post comment