Did you know there has been an Annual Wage Review starting 1st July 2021?
Check out this link for more information.
https://www.fairwork.gov.au/about-us/news-and-media-releases/website-news/annual-wage-review-2021?fbclid=IwAR20Iq3Ay5_uV8rRZW9lSeYY1aiiNmH5L2nxvQ4B3PfmhrJsUveax3ReREg
I’m sure you want to know who does the increase apply to?
Well, it applies to anyone who is paid minimum award wages or the national minimum wage. If you are a business with staff, the awards have changed. For anyone that is not covered by an award or an agreement, the new national minimum wage is $772.60 per week or $20.33 per hour.
When does the increase start you may ask?
The new national minimum wage applies from your first full pay period on or after 1st July 2021.
There is also an increase to the Super guarantee for all eligible employees from 1st July 2021.
If you are confused and need a helping hand, please contact me direct.
Maree Punzet
Maree’s Mobile Bookkeeping
0429 363 047
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID