New Wage Sheets Available to Members
Posted
On 2 June 2023 the Fair Work Commission handed down its decision to increase the National Minimum Wage and Award Minimum Rates by 5.75%.
This increase will come into effect from the first full pay period after 1 July 2023.
What if I currently pay over the Award minimum?
If you are already paying employees more than the new Award wage rate, no adjustment may be required. In other words, the increase can be absorbed into the over award payment.
What if I currently have an Individual Flexibility Agreement (IFA) in place?
If you have an IFA in place with any of your employees, you should undertake a better off overall test (BOOT) to ensure you are still paying your employees above minimum award entitlements.
To assist members, MBA have put together some wage circulars detailing relevant Award rates and allowances, inclusive of the applicable increases, under the following Awards –
- Building and Construction General On-Site Award 2020
- Building and Construction Residential On-Site Award 2020
- Joinery and Building Trades Award 2020
- Plumbing and Fire Sprinklers Award 2020
- Clerks Private Sector Award 2020
If you would like a copy of a wage circular or need assistance calculating your BOOTs, please contact our member services team on 02 6175 5900.
