Increase To The Minimum Wage – Stage 3 now in action!
The National Minimum Wage increased by 2.5% per cent to $20.33 per hour, for a full-time award-free adult employee who is not an apprentice or a trainee. In other words, a full-time adult employee will receive a minimum of $ 772.60 per week,
The award wage increases have been rolled out in three stages i.e. from the first full pay period on or after 01 July 2021, 01 September 2021 and 01 November 2021 respectively, depending on the award that applies. This means different employers are affected at different times, depending on their industry and the Modern Awards under which their staff are employed.
The award minimum rate will increase by 2.5% across all award classifications. A classification describes the job the employee is doing under a particular Award. Each classification level has a different minimum pay rate.
The increase can also affect other payments such as penalty rates, overtime, allowances and more.
Our friends at Employsure have prepared a FREE Minimum Wage Guide that you can download from their website here.