The adult minimum wage is going up from $14.75 an hour to $15.25, with the starting-out and training rates rising too. Here's what you'll need to know for your business.
When: 1 April 2016
What: The new minimum wage rates are:
Read our Minimum pay page summary of who can earn the different rates.
Why: Government must by law review these pay rates every year.
What you’ll need to do: You and your staff can agree to any wage above the minimum rate that’s most appropriate to them. You’ll also need to update your employment agreements to reflect any wage changes.
If you pay any of your staff the minimum wage, you may need to amend their employment agreements to reflect the new rate. Use the Employee Cost Calculator (external link) to get an idea of how much the increase will cost your business. You can also use the calculator to estimate costs of hiring a new employee.
Fair pay: In addition to paying the minimum wage or higher, you’ll need to make sure your pay policies are as fair as possible. Pay your staff for actual hours worked — that’s at least the minimum hourly wage for any extra time worked over an eight-hour day (excluding meal breaks).