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Are You Meeting The New Minimum Rate For Your Employees Wages?

Minimum Wage Increase November 2021

The minimum wage increase for November 2021, have changed 21 awards. As a result, if you are not paying your employees this new pay rate, you may find yourself facing significant penalties for failure to comply with the Fair Work Ombudsman. This increase applies to anyone paid the minimum award wages or the national minimum wages.

As an employer of workers, you must pay them a fair wage according to the award for their profession. Above all, that wage must meet the minimum wage expectations for the award. The award sets out the minimum payment amount an employee can receive for the work that they’re doing. Employers may pay employees more than that wage but must meet the bare minimum in the awards and part of the national minimum wage base rate.

Increases to the national minimum from $19.84 per hour to $20.33 per hour, or 772.60 per week (increased from $753.80). However, this increase should have been applied from the first full pay period starting on or after 1 July 2021. In addition, employees covered by awards should also have had their base rates increased by 2.5 per cent, though these increases may begin on different dates for different groups of awards.

Minimum Wage Increase November 2021

Most award wage increases applied from 1 July 2021, though there were 21 awards where the Fair Work Commission deemed there to be exceptional circumstances in place that would affect the increase. Those 21 awards were increased from 1 November 2021 and included:

  • Pilots Award
  • Cabin Crew Award
  • Airline Ground Staff Award
  • Airport Award
  • Alpine Resorts Award
  • Amusement Award
  • Dry Cleaning and Laundry Award
  • Fitness Award
  • Hair and Beauty Award
  • Hospitality Award
  • Live Performance Award
  • Models Award
  • Marine Tourism and Charter Vessels Award
  • Nursery Award
  • Racing Clubs Events Award
  • Racing Ground Maintenance Award
  • Registered Clubs Award
  • Restaurant Award
  • Sporting Organisations Award
  • Travelling Shows Award
  • Wine Award

This increase results from the Fair Work Commission’s announcement after conducting its Annual Wage Review.  The Fair Work Commission is the independent national workplace relations tribunal. It is responsible for maintaining a safety net of minimum wages and employment conditions and a range of other workplace functions and regulations.

Above all, workplaces are expected to ensure that all employees are treated fairly and paid the minimum rate relevant to their circumstances (award/base minimum rate).

Additionally, employers and employees can visit www.fairwork.gov.au or call the Fair Work Infoline on 13 13 94 for free advice and assistance about their pay and compliance requirements.

Are you concerned about potential non-compliance with the new minimum wage, want to know more about the other increases to different kinds of rewards? On the other hand, are you trying to get your head wrapped around the new superannuation guarantee requirements or after some business planning advice in the approach to the new year? We’re the people you can speak to about any concerns you may have for your business and its future. Contact us on (07) 3453 1848 or organise an appointment online at www.neilradfordaccountant.com.au/booking

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