ARTICLE · 05 JUNE 2018

Annual wage review decision – 3.5% increase

McCullough Robertson

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Employers - review your arrangements to ensure that employees are paid in accordance with new rates that apply from 1 July. .

AustraliaEmployment and HR

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WHO SHOULD READ THIS

All employers covered by a modern award or with employees paid based on the National Minimum Wage.

THINGS YOU NEED TO KNOW

The Fair Work Commission (FWC) has increased the National Minimum Wage (NMW) and modern award minimum rates by 3.3%.

WHAT YOU NEED TO DO

Review rates of pay for affected employees to ensure compliance.

The Fair Work Commission's Expert Panel (Panel) handed down its Annual Wage Review 2017–18 decision this morning. This decision granted a 3.5% pay increase to Australia's minimum wage reliant and modern award covered employees, to commence from 1 July 2018.

Decision

The Panel's decision will affect the estimated 2.3 million or 22.7% of all employees reliant on minimum rates of pay.

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