Changes to Award Wages from 1 July 2014:

We get a lot of questions from employers about what award their staff should be paid under and what entitlements they must pay to their staff. We’re always happy to help in this area, as we know it can be a confusing and time consuming process for a small business owner to research these things.

The Dylan & Inns team of employment lawyers have the experience to draft employment contracts and agreements to make the process of hiring and managing staff easier and to ensure your legal obligations are met.

Something for all employers to consider are the changes to award wages that come into effect from 1 July 2014, and bring an increase in labour costs to most businesses.

The biggest change is the end of the transition period to Modern Awards, meaning all employers will now need to pay the new Modern Award rate from 1 July.

The Modern Award wages will increase by 3% effective from the first full pay period after this date, and all allowances that are expressed as a percentage in the Award will also increase by 3% from this date.

This increase will see the national minimum wage rise to $640.90 per week, or $16.87 per hour.

Also increasing in the minimum superannuation guarantee rate which will rise from 9.25% to 9.5% from 1 July.

Contact the Dylan & Inns Gold Coast team if you require some advice about the particular circumstances of your business and how these changes will affect you. Email hello@dylaninns.com.au, or call us on 1300 36 32 10.