Wed 27 Jun 2018
The 2017-2018 Annual Wage Review:
The Minimum Wage Panel of the Fair Work Commission recently handed down the 2017-2018 Annual Wage Review decision which provided for an increase to the minimum wage and award rates of 3.5% with effect from the first pay period commencing on or after 1 July 2018.
The increases are fully absorbable into over-award payments, unless the employer agrees otherwise or there is an enterprise agreement or contract of employment which prescribes that these increases are payable. Under modern awards, allowances have been divided into two categories – those which are expense-related and which are to be adjusted on the basis of specified CPI movements and others which are expressed as a % of the standard rate which, in the case of the Building and Construction General On-Site Award 2010, is the award base rate for a Construction Worker Level 3.
If you have any questions, please contact CCF Victoria on (03) 9588 7600.