This year’s annual wage review resulted in the increase of 3%. The national minimum wage will increase from $719.20 per week or $18.93 an hour to $740.80 per week or $19.49 an hour. Our consultants explain the reasons behind the decision, what that means for your business and when the increase will come into effect. Our updated wage schedules are now available for download to reflect the increase.
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The changes are complex and will take some time for employers in the Restaurant Industry to fully absorb and get used to. We have been fielding questions from various clients regarding how the new provisions apply to their businesses and we have assembled the questions and answers below from that source, as well as adding some of our own.
The decision , handed down on 27 September, 2018, was a further aspect of the 4-yearly review of modern awards, which actually commenced in 2014.
The Fair Work Commission’ Expert Panel for wage reviews has today (Friday, 1 June 2018) handed down its latest Annual Wage Review decision, awarding an increase of 3.5% to workers whose wages are set by awards and the Federal Minimum Wage.
With the approach of the new financial year and the May Federal Budget, we try some ‘crystal ball gazing’ to see if we can predict the outcome of the upcoming Annual Wage Review by the Fair Work Commission. This might help some CFOs or business owners with their forward planning.
Commission-only employee gets $28,000 in backpay.
Our Answer – whilst in some situations engaging employees on a commission-only basis can be achieved practically, the main issue is that the employee can never receive less than their legislated minimum entitlements, including entitlements to minimum hourly rates.
Penalty Rate Decision on Transitions
In addition to the minimum wage increase, the previously announced transition to reduced penalty rates will also commence from 1 July 2017. Below is the overview of the changes in penalty rates for the major awards affecting clients (contact us for information about other awards such as Pharmacy).
Annual Wage Review Decision
Yesterday, 6 June, 2017, the Fair Work Commission’s Annual Wage Review panel handed down its decision on the annual minimum wage increase. The minimum wage is to be increased by 3.3% and will take effect on the first pay period commencing on or after 1 July 2017.
The long-awaited decision from the Fair Work Commission’s (FWC) Penalty Rates Review of the Fast Food Industry Award, Restaurant Industry Award, and General Retail Industry Award, has finally been handed down.
- May 24, 2019 ·
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