Are you completely clear on when you need to implement the rise in minimum Award wages this year?
Unlike past years, the implementation of increases in minimum Award wages this financial year has been split in to 3 stages to be implemented back on:
- July 1 2020
- Nov 1 2020, and
- Feb 1 2021.
So if the minimum Award wage increase didn’t apply to you as of July 1st, then depending on which Award your employees are employed under, you will need to apply the increase on either Nov 1 this year 2020 or Feb 1 next year 2021.
If you’re listening to this blog right now rather than reading the transcript then you can check whether the Awards you employ your employees under fall within the Nov 1st 2020 increases or the Feb 1st 2021 increases, by checking out the link in the transcript below or in our blog.
One Quick Tip: The increase only applies to employees that get their pay rates from:
- The National Minimum Wage
- An award, or
- A registered agreement (in some cases).
If you need advice or assistance in this area, we are here to help. Here are just some of the things our clients come to us for guidance on:
- Showing you how to calculate the new wages for your employees
- Understanding whether the increase applies to your employees
- Reviewing the wording in your registered agreement, to see whether this increase affects you
- Whether your employees who already get paid more than their new minimum wage, get this increase
- Whether it applies to work an employee performs while they’re in the JobKeeper scheme
If you’ve got a burning HR question, and haven’t been on contact with us before, a great place to start is on the home page of our HR Tactics website where you’ll find our HR Q&A section. Submit your question there and we’ll come back to you with our best advice, on the house.
HR Tactics – HR Consultants Brisbane – Outsourced HR
Nov 1, 2020 and Feb 1, 2021 – 1.75% Rise in Minimum Award Wages
This information was provided with the intention of helping you find more clarity, confidence and peace of mind as you navigate your own journey as an employer. I would love to hear your thoughts on this, and if you think someone else would enjoy it please feel free to share it on.
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