Increase to Minimum Wages and new Penalty Rates from 1 July 2017

 Monday, July 17, 2017

 

3.3% increase to Minimum Wages and new Penalty Rates from 1 July 2017

 The Fair Work Commission has conducted its Annual Wage Review and the decision has been made to increase the minimum wage by 3.3 per cent.

The increase will apply from the first full pay period starting on or after 1 July 2017.

The 3.3 per cent increase applies to employees who are covered by an award and employees to whom the minimum wage applies.

The increase does not affect employees who are already getting paid more than the new minimum wage or above the new award rates.

Employers should also note that from 1 July 2017 certain penalty rate provisions in some awards for the hospitality, restaurant and retail industries will be varied.

The changes are different for each award, so they affect employers and employer differently depending on the award they are covered by.

For further information in relation to changes and how they affect your business, please contact Skye Engwerda and Zoe Broadbent.