Posted: Friday, 1 June 2012 | By: SiteAdmin
On Friday 1 June Fair Work Australia handed down its minimum wage decision setting minimum award and non –award wages. Fair Work Australia's minimum wage panel decided to lift minimum award rates by 2.9%.
The decision lifts the federal weekly minimum wage by $17.10 to $606.40 ($15.96 an hour) - currently $589.30 ($15.51 an hour). Rates for junior employees will increase as a proportion of adult rates (meaning you apply the 2.9% to the adult rate and then apply the junior percentage to that amount).
The 2.9% will apply to employees to whom training arrangements apply and employees with disability, and to piece rates through the operation of the methods applying to the calculation of those wages.
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