Historic Wage Increase

Historic Wage Increase

Each year in early June the Fair Work Commission announces the increase to the National Minimum Wage. In 2023 business groups advocated for an average of 3% while unions pushed for a 7% increase. While initially causing some confusion for analysts and employers, the...
5.2% Wage Increase – 1 July 2022

5.2% Wage Increase – 1 July 2022

What does the 5.2% wage increase mean for my business? In the latest Fair Work Commission press release, two announcements in respect to the 2022 Annual Wage Review were made. A)  Increase to the National Minimum Wage From 1 July 2022, the National Minimum Wage will...