At the start of last month, the Fair Work Ombudsman issued an updated Fair Work Information Statement.
The new Fair Work Information Statement confirmed the Fair Work Commission’s decision to lift the minimum wage by 3% from 1 July.
The new minimum wage is $740.80 per week, or $19.49 per hour.
What does this mean for employers?
Employers should begin to provide the new Fair Work Information Statement to each employee on commencement with the organisation. The Information Sheet may be provided in person or electronically.
Failure to do so is considered a breach of the employer’s responsibilities under the National Employment Standards, and financial penalties may apply.
It is particularly important to remain vigilant when preparing any onboarding documents and keep up to date with revisions to the Fair Work Information Statement.
Since the development of the National Employment Standards under the Fair Work Act, the Fair Work Information Statement has become a necessary document in any business’s onboarding process.