New national minimum wage effective 1 July 2010

Are you paying  your staff correctly?  From 1 July 2010 the national minimum wage has increased.  Here is the overview:

1. The national minimum wage replaces the Federal Minimum Wage.

2. From the first full pay period on or after 1 July 2010 the national minimum wage is $569.90 per week (before tax), or $15 per hour (as rounded to the nearest 10 cents).

3. Before the first full pay period on or after 1 July 2010, employees covered by the national minimum wage are entitled to be paid at least the previous Federal Minimum Wage rate of $543.78 per week or $14.31 per hour (before tax).

4. Casual employees who are entitled to the national minimum wage are also entitled to a casual loading. From the first full pay period on or after 1 July 2010 the minimum casual loading for these employees is 21%.

Make sure your on top of your obligations and call us on 1300 624 654 for any assistance.