Following the Annual Wage Review 2022, the Fair Work Commission (FWC) has made 2 announcements:
- the National Minimum Wage will increase by 5.2%, which amounts to $40 a week from 1 July 2022
- award minimum wages will increase by 4.6%, which is subject to a minimum increase for award classifications of $40 per week and based on a 38-hour week for a full-time employee.
To read more detailed information, go to Get set for a minimum wage increase.The new National Minimum Wage will apply from the first full pay period on or after 1 July 2022. This means if you have a weekly pay period that starts on Mondays, the new rates will apply from Monday 4 July 2022.Most awards will increase from the first full pay period on or after 1 July 2022. (For some awards in the aviation, hospitality and tourism industries, the increase will happen from 1 October 2022)The FWC will now issue draft determinations and orders about how their decision affects awards. The FWC will then update the pay rates for each award.
Visit the Fair Work website for more information.
