Employer Newsletter: Minimum wages to increase on 1 July 2024

Stay up-to-date on the minimum wage increase and changes to workplace laws. [] Having issues? [View the online version]( [Australian Government - Fair Work Ombudsman]( In this issue [Annual Wage Review 2024]( [Latest Closing Loopholes changes]( [Have you got your records in order?]( Hi {NAME}, Annual Wage Review 2024 The National Minimum Wage and all minimum award wages will increase from the first full pay period starting on or after 1 July 2024. This year, the Fair Work Commission decided that: •    the [National Minimum Wage]( will increase by 3.75% to $915.90 per week or $24.10 per hour •    [minimum award wages]( will increase by 3.75%. Make sure you’ve [updated your preferences]( with your award and industry and we’ll let you know when the new rates are available in our pay tools and resources. From 1 July the [Fair Work Information Statement]( will be updated with the new rates. To make sure you’re giving the most up to date version to new employees, remember to always download the Statement direct from our website. Latest Closing Loopholes changes As part of the new [‘Closing Loopholes’ laws](, there are upcoming changes that take effect on 1 July and 26 August. These could impact your business, so make sure you’re prepared for the changes. They include: •    [changes to casual employment]( •    the [right to disconnect]( for eligible employees (this doesn’t apply to small businesses until 26 August 2025) •    [new minimum standards and protections]( for ‘employee-like workers’ in the gig economy and certain industries •    [additional workplace delegates rights]( •    [enterprise bargaining and agreement changes](.  For a visual snapshot of all the Closing Loopholes changes, including when they start, check out our [easy-to-read timeline](.  For a handy summary of the changes to enterprise bargaining and agreements, check out our [Timeline of changes](.  We’ll continue providing you with the latest updates for these changes.  Have you got your records in order? As an employer, you need to keep [time and wage records]( for 7 years. We’ve got free [record-keeping templates]( and a [free online learning course]( available to help you ensure your records are compliant. Our templates cover: •    employment records – general employer and employee details •    weekly time and wage records •    pay slips •    timesheets •    rosters. In this issue [Annual Wage Review 2024]( [Latest Closing Loopholes changes]( [Have you got your records in order?](   #SpeakingfromExperience The [Australian Human Rights Commission]( is running a project that invites people who’ve been sexually harassed at work to have their say about what needs to change to make workplaces safer. Find out [how to take part]( now.    Tax and super obligations As the end of this financial year approaches, it’s time to review your [employer tax and super obligations]( with the [Australian Taxation Office](.     Upcoming webinars We’ve got a range of free online webinars coming up, including:  •    [Understanding the National Employment Standards]( •    [Understanding the rules and obligations of fixed term contracts]( •    [Ending employment]( Register now or check for other [upcoming webinars](.      Latest news •    [85 Degrees franchisor penalised $1.44 million]( •    [Former Sydney café operators penalised]( •    [Open Minds signs Enforceable Undertaking]( •    [Nearly $1 million in penalties ordered in matter involving threats to kill migrant workers’ families](       [Copyright](  | [Disclaimer](  | [Privacy](  | [Unsubscribe](     [Twitter](    [LinkedIn](    [Facebook](    [Instagram]( [www.fairwork.gov.au](