On 2 June 2023, Justice Hatcher, President of the Fair Work Commission and an expert panel, announced the Annual Wage Review results. The panel has agreed to increase the minimum wages outlined in modern awards by 5.75%. This change will come into effect on 1 July 2023.
Additionally, starting from 1 July 2023, the National Minimum Wage has been raised to $23.23 per hour or $882.80 per week, representing an increase from the previous rate of $21.38 per hour.
The Commission took note of the upcoming rise in the Superannuation Guarantee contributions rate to 11% from 1 July 2023. This factor played a role in influencing their decision regarding the wage increase.
Moreover, expense-related allowances paid to employees have also been increased by 5.75%.
What does this mean for my business?
As an employer, it is crucial to incorporate these increases into the first full pay period on or after 1 July 2023. It is your responsibility to ensure that all employees are paid correctly in accordance with the relevant award. It is recommended that employers who already pay above the current award rate take the time to review the updated wages included in the announcement to ensure compliance. By doing so, you can mitigate any potential risk of underpayment.
For specific rates applicable to the Transport Worker Classification Grades (Road Transport and Distribution Award), Long Distance Operations, and Worker Classification Levels from the Private Clerks Award, NatRoad has provided relevant information.
Road Transport and Distribution Award
Full-Time Worker – Effective Rates from 1 July 2023
Rates per Hour:
Road Transport (Long Distance Operations) Award 2020
Rates per Hour:
Clerks—Private Sector Award 2020
The communications provided by NatRoad are intended to offer general information and guidance. However, it is essential to note that they should not be treated as a substitute for legal advice, and it is always advisable to consult the original instrument or seek professional legal counsel for specific matters.