About 3 million workers on minimum wage to receive 4.75% pay rise in Fair Work Commission ruling
Key points
- Nearly 3 million workers will receive a 4.75% pay rise, while about 100,000 of the country’s lowest paid will receive a higher 6% increase, after the Fair Work Commission handed down its annual minimum wage decision.
- Announcing the 4.75% decision on Tuesday morning applicable to the roughly 2.8 million workers on award wages, the Fair Work Commission’s president, Justice Adam Hatcher, announced that the lowest ongoing wage rate for employees would climb from nearly $24.95 an hour, to $26.44 – a lift of just under 6%.
- Hatcher said this year’s decision, which applies from 1 July, was “particularly challenging” in the context of surging fuel prices adding to already existing inflationary pressures.
- He pointed that falling living standards had hit the lowest paid the hardest, justifying what he called “additional measures” to protect more vulnerable employees.
- The higher increase for the lowest paid reflected a “structural adjustment” to pay classifications,...
Quick Summary
Nearly 3 million workers will receive a 4.75% pay rise, while about 100,000 of the country’s lowest paid will receive a higher 6% increase, after
Why It Matters
This development is important because it may impact public opinion, policy decisions, and future developments related to About 3 million workers on minimum wage to receive 4.75% pay.
Key Takeaways
- Nearly 3 million workers will receive a 4.75% pay rise, while about 100,000 of the country’s lowest paid will receive a higher 6% increase, after the Fair Work Commission handed down its annual minimum wage decision.
- Announcing the 4.75% decision on Tuesday morning applicable to the roughly 2.8 million workers on award wages, the Fair Work Commission’s president, Justice Adam Hatcher, announced that the lowest ongoing wage rate for employees would climb from nearly $24.95 an hour, to $26.44 – a lift of just under 6%.
- Hatcher said this year’s decision, which applies from 1 July, was “particularly challenging” in the context of surging fuel prices adding to already existing inflationary pressures.
- He pointed that falling living standards had hit the lowest paid the hardest, justifying what he called “additional measures” to protect more vulnerable employees.
- The higher increase for the lowest paid reflected a “structural adjustment” to pay classifications, he said.
📌 Source: The Guardian
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