The minimum wage increases from $20.00 per hour to $21.20 per hour on Friday, 1st April 2022. The 6% increase is just above the annual inflation recorded in December quarter.

The starting-out and training minimum wage rates will also increase from $16.00 to $16.96 per hour. 

If Konnect Koncepts doesn't look after your payroll, you will need to ensure that you have identified which Employees are on minimum wage for their hourly rate (or salary) and process their increase through your payroll system before or on 1 April 2022. If you require any help on this, please let us know.

Wages are a big cost, but we believe your employees are a big asset. Konnect Koncepts understands the minimum wage increase can put pressure on your business and staffing needs. To help you better understand how you can implement this wage increase without compromising the strength of your business please get in touch with us to discuss.

The living wage is currently $22.75 per hour - we imagine the government will continue to increase the minimum wage each year to close the gap between the minimum wage and the living wage and believe businesses should plan for this accordingly.

Please contact TJ and the team to discuss.