Following the Annual Wage Review 2022, the Fair Work Commission (FWC) has made 2 announcements:
- The National Minimum Wage will increase by 5.2%. The new hourly minimum wage will be set at $21.38 per hour
- Award minimum wages will increase by 4.6%, for employees earning over $869.60 per week.
The minimum Award wages for employees earning below $869.60 per week will increase $40 per week. This is based on 38 hours per week for a full-time employee.
This increase will apply to most industries from the first full pay period on or after 1 July 2022.
Award increases for the following industries will be in effect from 1 October 2022:
- Aviation industry
- Tourism industry
- Hospitality industry
If you are not sure which award applies to you, visit the Fair Work website to access the following tools and information:
- Get more detailed information about the changes (including examples) at Get set for a minimum wage increase.
- Use Find my award if you’re not sure which award applies to you
For all your Human Resources advice call 03 5331 1734 to book your free Inspire HQ People Hour. For more information, visit our Human Resources page.
