Share on LinkedInShare on LinkedIn

ARTICLE · 15 AUGUST 2022

Key HR Changes From 1 July 2022

The Vincent Young Employment + Workplace Relations team has updated its Employment + Workplace Relations Guide to reflect the changes for the 2022-2023 financial year.

AustraliaEmployment and HR

The Vincent Young Employment + Workplace Relations team has updated its Employment + Workplace Relations Guide to reflect the changes for the 2022-2023 financial year.

Download your copy today.

1219918a.jpg

National Minimum Wage

Each financial year, the Fair Work Commission's (FWC) Expert Panel for wage reviews undertakes its annual wage review. This financial year, the FWC's decision has resulted in the new national minimum wage being set at $812.60/week or $21.38/hour from the first full pay period on or after 1 July 2022. This constitutes a 5.2% increase and applies to all national system employees who are paid in accordance with the national minimum wage.

Modern Award wages have increased by 4.6%, subject to a minimum increase by $40 per week. Award wage rates above $869.60 per week increase by 4.6%. Award wage rates below $869.60 per week increase by $40 per week. This increase is operative from the first full pay period on or after 1 July 2022, other than

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from