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Workplace Relations update – Fair Work Commission increases minimum wages by 2.4%
The Fair Work Commission’s minimum wage panel decision on 31 May 2016 increased award minimum wages by 2.4%.
The decision lifts the federal weekly minimum wage from $17.29 per hour ($656.90 per week) to $17.70 per hour ($672.70 per week).
The increase to minimum wages will take effect from the first full pay period commencing on or after Friday, 1 July 2016.
All employers, including businesses who are party to a registered agreement (e.g. certified agreement, collective agreement, enterprise agreement, AWA or ITEA), must ensure that employees’ base rates of pay meet or exceed new minimum rates of pay.