The Fair Work Commission’s panel for annual wage reviews released its Annual Wage Review 2017-2018 decision on 1 June 2018. The decision provides that minimum award wages will increase across the board by 3.5% effective 1 July 2018. This decision will result in the following increases to the Federal minimum wage rates: Weekly minimum wage: from $694.90 to $719.20 (increase of $24.30); Hourly minimum rate: from $18.29 to $18.93 (increase of 64 cents). The proportion…
Baker McKenzie special counsel Maria Hurley-Smith explores some of the changes flagged by the Fair Work Commission’s review of modern awards – listen here.
Minimum wages to increase by 3.3% The Fair Work Commission’s panel for annual wage reviews released its Annual Wage Review 2016-2017 decision on 1 July 2017. The decision provides that minimum award wages will increase across the board by 3.3% effective 1 July 2017. This decision will result in the following increases to the Federal minimum wage rates: Weekly minimum wage: from $672.70 to $694.90 (increase of $22.20), Hourly minimum rate: from $17.70 to $18.29…
Baker McKenzie special counsel Maria Hurley-Smith dissects the Fair Work Commission’s decision on penalty rates, and explains what it means for employers and workers – to listen click here.