Have you updated your pay rates?

This year’s increase to the National Minimum Wage and minimum award wages is now in effect so you’ll need to ensure you’re paying employees correctly.

Following the Annual Wage Review, there are other workplace changes, including:

• new Payday Super rules that mean employers need to pay superannuation contributions at the same time they pay their employees’ wages
• changes to classifications and minimum pay rates in the Children’s Services Award
• changes to Pharmacy Award pay rates for some employees
• an increase to government funded parental leave pay
• an increase to unpaid flexible parental leave
• increases to income thresholds and the compensation cap.

You can use the Fairwork Pay Calculator and pay guides to check you’re meeting your obligations.

Following the change to minimum wages the Fair Work Information Statement has been updated.

Make sure you download the latest version each time you need to give the Statement to a new employee.