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NEWS

By admin In Accounting, News

EMPLOYMENT RELATIONS NEWS – 19 June 2020

 

Compiled by Tania Harris

  • A Reference Point to learn changes in Australian Employment Law
  • Issues Affecting Your Business
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FAIR WORK COMMISSION INCREASES MINIMUM RATES BY 1.75% IN ITS FIRST SPLIT DECISION

The Fair Work Commission (FWC) has increased all Modern Award Rates by 1.75% in recognition of the economic effects of the Coronavirus Pandemic.

The FWC has set different start dates between July 2020 and February 2021 as follows:

  • Wage Increase from 1 July 2020 applies to Group One Awards.  This includes frontline healthcare and social assistance workers, teachers and childcare workers and other essential services.
  • Wage Increase from 1 November 2020 applies to Group 2 Awards.  This includes construction, manufacturing and other industries.
  • Wage Increase from 1 February 2021 applies to Group 3 Awards.  This includes accommodation/food services, arts/recreation, aviation, retail and tourism.

Refer to the below link – Summary of Decision for information on Modern Award Groups – commences page 14.

https://www.fwc.gov.au/documents/wage-reviews/2019-20/decisions/2020fwcfb3501.pdf

 

The FWC said 3 operative dates had been chosen based on the impacts of the pandemic on each sector.

The Federal Minimum Wage will also increase from 1 July 2020.  The new Minimum Weekly Wage will be $753.80 ($19.84 per hour).

FACT – The last Minimum Wage Decision was during a severe economic downturn – the Fair Pay Commission’s 2009 ruling – delivered a pay freeze.

If you need any Advice on the above mentioned, or any other Employment related matters, please don’t hesitate to contact us.

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