The Fair Work Commission’s Minimum Wage Panel has handed down its Annual Wage Review decision today.
The decision applies to all private sector businesses, i.e. national system employers.
The decision provides for an increase of XX per cent to the National Minimum Wage to all Modern Awards, effective from the first FULL pay period commencing on or after X July 2020.
That means it’s time to make sure your house is in order and you are paying your staff correctly, and complying with the Modern Awards which apply to your employees so don’t forget to register for our free webinar – Are you prepared for the Annual Wage Review on 24 June 2020 at 10:30am – you can register here:
As a result of awarding a percentage-based increase, the monetary increase will differ from Award to Award and classification to classification, with weekly wages being rounded to the nearest 10 cents.
The increases also flow-on proportionately to junior employees, employees to whom training arrangements apply, employees with a disability and employees with piece rates of pay.
This wage increase is effective from the first FULL pay period commencing on or after X July 2020.
For the South Australian Business Chamber PAYpack subscribers, we will begin updating and issuing PAYpack rates reflecting the recent increases to Award wages and allowances for relevant Awards.
The South Australian Business Chamber Members who require assistance, can contact one of our friendly Workplace Advisors via the Business Advice Hotline on (08) 8300 0000 (select option 1).
If you are not a the South Australian Business Chamber Member now is the right time to join. To find out more about the South Australian Business Chamber — three month complimentary membership and the great benefits call (08) 8300 0000 and become a member before 30 June 2020.
