Fresh HR Insights July Newsletter is now out Here is some of what is included – click here to see the full Newsletter Fresh HR Insights July Newsletter
IMPORTANT CHANGES THIS MONTH THAT YOU NEED TO KNOW
‚Äö√≥¬∂National minimum wage ‚ ¨ increased by 3% to $640.90 per week, or $16.87 per hour;
‚Äö√≥¬∂Default casual loading ‚ ¨ increased to 25% (from 24%);
‚Äö√≥¬∂National minimum wage for juniors, apprentices, trainees and piece workers ‚ ¨ most rates are expressed as a percentage of a nominated adult rate so they receive a proportionate increase to the adult rate; and
‚Äö√≥¬∂Supported Wage System ‚ ¨ employees with a disability ‚ ¨ these employees are paid a percentage of the relevant adult wage, based on their assessed capacity. The 3% increase will also flow through to these employees. The minimum weekly payment (currently $78).(SPECIAL OFFER – If you need a letter done then we have a great offer for the month of July of $15.00 +GST per letter created. All we need is your employee name, full address, old wage rate, new wage rate and presto you have a letter. – This offer expires on the 30th July as by this time you should be paying at the new rates)Superannuation – For the year 2014/15, employers are required to pay 9.5% of the ordinary time earnings of their employees (including part-time and casual employees) who are aged over 18, and who are paid $450 (before tax) a month, into a complying superannuation fund or retirement savings account. The increased percentage amount applies to any ordinary time earnings paid to an employee from 1 July 2014.
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