MINIMUM WAGE TO RISE BY 3.5%
The Fair Work Commission has announced a 3.0% increase to minimum wages. The new national minimum wage will be $740.80 per week or $19.49 per hour. The increase applies from the first full pay period starting on or after 1 July 2019. With over 12% in wage increases since 2016, if you have not reviewed your employee’s remuneration for a number of years, you may be at risk of under paying wages. If you want to know if you are paying enough, check out Inspire HQ's blog explaining the basics on how to break down a wage is a great place to start.