Minimum wages will change on 1 July 2014
The Fair Work Commission has announced a 3% increase to minimum wages effective from the first full pay period on or after 1 July 2014.
The increase only applies to employees that get their pay rates from the national minimum wage, a modern award or in some cases a registered agreement.
The new national minimum wage will be $640.90 per week or $16.87 per hour. The national minimum wage applies to employees who aren’t covered by an award or agreement.
Most employees are covered by an Award. Award rates will increase by 3%.
Updated information regarding new Award Rates will be available on the FWC website from 1 July 2014. Refer to the following link for more information or contact us on (07) 5530 1571.
https://www.fwc.gov.au/awards-and-agreements/minimum-wages-conditions/annual-wage-reviews/annual-wage-review-2013-14
