The Fair Work Commission has determined there will be a 2.5% increase to the national minimum wage as well as applying to all award wages with a staggered roll out to be implemented. This increase delivers $18.80 a week extra to Australia’s lowest paid workers on a 38-hour week. The increase is less than the 3.5% the ACTU was lobbying for but more than the 1.1% championed by the Australian Chamber of Commerce (ACCC).
As per 2020, this increase will be delivered in three different stages with the roll out commencing from 1 July 2021.
Stage 1: If the Awards that govern employees in your business are not listed below, then your Award increases are effective 1 July 2021.
Stage 2: Wages for those in the General Retail Award will increase from 1 September 2021.
Stage 3: The below list of awards will increase from 1 November 2021 as the Fair Work Commission deemed these industries were still affected by the pandemic:
What does this mean as an employer?
If you need assistance auditing or reviewing your current rates of pay to ensure you are on top of all your obligations, the team at HR Staff n’ Stuff are here to help!
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