Get set for a 2.5% wage increase – 2015 Annual Wage Review

Get set for a 2.5% wage increase – 2015 Annual Wage Review

The Fair Work Commission has announced a 2.5% increase to minimum wages. The increase will apply from the first full pay period starting on or after 1 July 2015.

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 $656.90 per week or $17.29 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 2.5%. If you’re not sure which award applies to you, visit the Fair Work Ombudsman’s List of awards.

 

Originally published by the Fair Work Ombudsman – you can read the original article here