Australia's minimum wage will increase by 5.97 per cent, and minimum award workers will get a 4.75 per cent pay boost, in the Fair Work Commission's (FWC) annual wage review.
‘…While the national minimum wage covers a very small proportion of the workforce, about 21 per cent of all employees in Australia are paid at a minimum award rate, amounting to almost 2.8 million people’
That’s a lot higher than I thought it would be. I wouldn’t say 1 in 5 workers earning minimum wage is ‘a very small proportion’
The minimum award rate is a different category to the minimum wage, and most lower paid jobs fall under one award or another. It’s basically the same outcome but that distinction is why they’re saying the national minimum wage covers a very small proportion.
‘…While the national minimum wage covers a very small proportion of the workforce, about 21 per cent of all employees in Australia are paid at a minimum award rate, amounting to almost 2.8 million people’
That’s a lot higher than I thought it would be. I wouldn’t say 1 in 5 workers earning minimum wage is ‘a very small proportion’
The minimum award rate is a different category to the minimum wage, and most lower paid jobs fall under one award or another. It’s basically the same outcome but that distinction is why they’re saying the national minimum wage covers a very small proportion.