The Fair Work Ombudsman have released their June newsletter providing details on the upcoming minimum wage increase.
The newsletter states that “the Fair Work Commission has increased minimum wages in awards and the national minimum wage by 2.5 percent. As a result, some allowances in awards will also increase. These changes take effect from the first full pay period starting on or after July 1.”
The new national minimum wage for a full-time adult employee will be $656.90 per week or $17.29 per hour.
The newsletter also answers frequently asked questions on the minimum wage increase such as whether employers need to check their pay rates if they pay their employees above minimum wage and how employees with an enterprise agreement will be affected by the increase.
The newsletter also addresses employees who aren’t guarantee an increase to their wages. Those employees include those on a high income threshold, salaried employees, those who are paid above the award and award free employees.
The Fair Work Ombudsman recommends that employers prepare for the increase by signing up for the Fair Work Ombudsman’s email updates, checking that payroll systems are ready, using the Fair Work Ombudsman’s pay tools and making sure that pay slips and records are up to date.
You can read the Fair Work Ombudsman’s June newsletter in full and find more information here.