Annual Wage Review 2021-22
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Effective 1 July 2022, there will be changes to the:
National minimum wage
Modern award and
Super rates
National Minimum Wage
FWC has handed down a 5.2% increase to the national minimum wage ($40 per week).
The national minimum wage will be $812.60 per week or $21.38 per hour. This increase will protect the real value of the wages of the lowest-paid workers.
The decision was made keeping the Australian economy in mind, in particular the rise in inflation and cost of living resulting in real wage reductions for award-reliant workers.
Modern Awards
FWC has also announced a 4.6% increase in the modern award minimum wages (minimum increase of $40 per week).
When do the changes come into effect?
The above-mentioned changes are to applied from the first full pay period on or after 1 July 2022.
Delayed Modern Awards
The increase in modern award will be delayed in the following sectors:
Tourism
Aviation and
Hospitality
Changes will apply to the following awards from the first pay period on or after 1 October 2022:
Aircraft Cabin Crew Award 2020
Airline Operations – Ground Staff Award 2020
Air Pilots Award 2020
Airport Employees Award 2020
Air services Australia Enterprise Award 2016
Alpine Resorts Award 2020
Hospitality Industry (General) Award 2020
Marine Tourism and Charter Vessels Award 2020
Registered and Licensed Clubs Award 2020
Restaurant Industry Award 2020.
Super Changes
From 1 July 2022:
The super guarantee will increase from 10% to 10.5%.
All employees will be eligible for super guarantee, regardless of how much they earn. This is due to the $450 per month eligibility threshold being removed.
All employers need to ensure their payroll systems reflects this change.