Essential HR

Tag: Minimum wage

Changes we should expect to see from the new GovernmentNew Blog Post

As the new Government settles in, here are some things you can expect from them and the impact it will likely have on you and your business.

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Covid-19 – Minimum Wage Increase Implications

Minimum Wage increases as of today - Here is what you need to know!

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Wage Increases

Minimum Wage rates will increase by 3.2% on 1 April - going to $15.75 per hour.  December CPI shows overall CPI increases over the past year at 1.3%. It's time to plan!

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Penalties for breach of Minimum Standards

Two companies were fined $100,000 for breaching minimum wages and leave record requirements.  If in doubt check in with us - better a $50 phone call than a $50,000 fine!

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Minimum wage for salary-earners

Employers need to check that any salaried Employees who are paid under $40,000 p.a are still being paid at least the minimum wage.

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Increase in Minimum Wage Rate 1 April

Minimum wage rates will increase to $15.25 from 1 April (and training rates from $11.80 to $12.20).  This is a 3.5% increase in times where inflation is down at 0.1%.

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Minimum Wage Increases

Please be aware that the minimum wage increases on 1 April to $14.75 per hour (an increase of 3.5%).

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