Fair Work Commission releases 2020 wage decision
On 19 June 2020 the Fair Work Commission (FWC) released its 2020 wage decision. A 1.75% increase will be applied to Award rates and to the national minimum rate. The increase of 1.75% is lower than the latest CPI figure of 2.2%. The minimum weekly wage will move to $753.80 per week or $19.84 per hour which is a weekly increase of $13.
Although the increase will be applied to all Awards, the FWC has staggered the application dates for different Awards.
Increases will apply from 1 July 2020 for the minimum wage. Awards falling into “group one” will also increase at this time, primarily representing frontline healthcare, social assistance workers, teachers and childcare workers as well as other essential services.
From 1 November 2020 “group two” Awards will increase, these are described as those in the construction, manufacturing and other industries.
The final implementation date will be 1 February 2021 for the remaining Awards falling into “group 3”. Those being in accommodation/food services, arts/recreation, aviation, retail and tourism.
It’s imperative that all employers ensure they are paying their employees at the correct rates. If you require assistance please contact our HR Consulting division on MazarsHR@mazars.com.au alternatively one of our offices:
Brisbane | Melbourne | Sydney |
+61 7 3218 3900 | +61 3 9252 0800 | +61 2 9922 1166 |
Published: 19/06/2020
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