3% Wage Increase – 2019 Annual Wage Review
The Fairwork Commission has announced a 3% increase to minimum wages which will apply from the first full pay period on or after 1st July, 2019.
So, for example, if your pay week is from Wednesday to Tuesday, the new rates take effect on Wednesday 3rd July.
The new minimum wage will be $740.80 per week or $19.49 per hour.
This increase will apply to employees that get their pay rates from the National Employment Standards or a Modern award.
All employers should review their award/s to see if this increase affects your employees. The below link can be used to access the Fairwork website to find your award.
There are also changes to penalty rates in some hospitality, pharmacy, fast food and retail awards from 1st July. For further information click on the link below to access the Fairwork ‘Penalty Rate’ changes update page.
Your team at Plus 1 are available to assist if you require help in understanding the award changes.