Following the Annual Wage Review 2021, the Fair Work Commission has announced a 2.5% increase to minimum wages.
In summary, the FWC has decided to increase all modern award wages by 2.5% and the National Minimum Wage (this applies to award-free employees) to $772.60/week. Again, the FWC recognised the particular impact of COVID-19 on various industries and sectors and in doing so decided to apply different operative dates for the increase to different groups of modern awards as follows:
Wage Increase from 1 July 2021
All awards except for those listed below
Wage Increase from 1 November 2021
Air Pilots Award 2020
Aircraft Cabin Crew Award 2020
Airline Operations – Ground Staff Award 2020
Airport Employees Award 2020
Airservices Australia Enterprise Award 2016
Alpine Resorts Award 2020
Amusement, Events and Recreation Award 2020
Dry Cleaning and Laundry Industry Award 2020
Fitness Industry Award 2020
Hair and Beauty Industry Award 2010
Hospitality Industry (General) Award 2020
Live Performance Award 2020
Mannequins and Models Award 2020
Marine Tourism and Charter Vessels Award 2020
Nursery Award 2020
Racing Clubs Events Award 2020
Racing Industry Ground Maintenance Award 2020
Registered and Licensed Clubs Award 2020
Restaurant Industry Award 2020
Sporting Organisations Award 2020
Travelling Shows Award 2020
Wine Industry Award 2020
Wage Increase from 1 September 2021
General Retail Industry Award 2020
What group your modern award(s) fall into will determine when the 2.5% increase will apply. A summary of the decision can be found at Annual Wage Review 2020-2021. If you need any advice or assistance on what impact the new annual wage increase will have on your business and practical, straightforward advice and tools on how to minimise wage cost blow outs and time consuming staff issues then please contact the expert team at Sharpe Workplace Solutions on 1300 135 782, or email your enquiry to info@sharpews.com.au.
The above information is intended as general information only and not as professional advice. If you need further guidance, please don’t hesitate to contact us.