Fair Work Commission Wage Review
On 2 June, the Fair Work Commission announced its annual wage increase. The increase applies from the first full pay period starting on or
after 1 July 2023.
What is the increase?
Most employees are covered by an award that outline minimum pay rates and conditions of employment for a specific industry or occupation.
The Fair Work Commission announced that for employees covered by an award, the minimum award wages will increase by 5.75%.
For staff who are not covered by an award or registered agreement, the National Minimum Wage will increase by 8.6% to $23.23 per hour or
$882.80 per week.
What do I need to do now?
Employers will need to review your team’s minimum wage entitlements and ensure that you are applying the increase from 1 July 2023.
The Fair Work Ombudsman will update pay tools and resources with the new rates to be accessed from 1 July 2023.
If you are unsure which award applies to you, you can use Fair Work’s Find my award
Don’t forget that from 1 July 2023, the superannuation
guarantee rate will increase
from 10.5% to 11%.
If you would like help reviewing your team’s remuneration in order to meet the new rates, contact your WDF team member on 02 6921 5444 or
email firstname.lastname@example.org. We can also provide a market analysis of remuneration and
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