ARTICLE · 08 JUNE 2017

Employment & WHS E-Alert: Annual Wage Review 2016–2017

Broadley Rees Hogan Lawyers

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The Full Bench of the Fair Work Commission handed down its Annual Wage Review Decision and awarded a 3.3% increase.

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FWC awards 3.3% wage increase

For clients and businesses who pay either strictly in accordance with or by reference to award rates of pay or the National Minimum Wage, the Full Bench of the Fair Work Commission today handed down its Annual Wage Review Decision for 2016-2017.

The decision directly affects approximately 2.3 million employees and indirectly will drive an increase in wages for many other employees whose wages are set indirectly by reference to underpinning Modern Awards.

In its decision, the Full Bench cited factors including the following as material to its assessment of the appropriate adjustment:

Real net national disposable income having increased by 6.8 per cent over the year to the December 2016, after it fell in the previous year.

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