
Annual Wage Review 2025 decision announced
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Annual Wage Review 2025 decision announced

No surprise here This is just what we predicted – not a hard one given that the ACTU asked for 4.5% and the employer associations responded with 2.5% – made it easy for the FWC to just split the difference. What to do Check your employment contracts and enterprise agreement to see what they say about award wage increases, whether they flow on to employees and whether they can be absorbed against overboard payments. If you haven’t had your contracts reviewed for a while, it could be an opportune time to get them looked at. A caution There have been a huge number of changes to employment laws and modern awards in recent years so make sure that you get this stuff right. With the advent of the new criminal offence of wage theft from 1 January 2025 and the massive increases in penalties for breaches, getting it wrong can be very costly. Even the lowest tier for record keeping and payslip breaches can be as much as $1,980 per breach for an individual and $9,900 per breach for a company. At the most serious level, they could be over $8,000,000 for a company. Conclusion No employer can afford to not have someone who they can rely on to provide them with the right advice on their wage and other employer obligations, whether that be through an internal HR resource, membership of an employer or industry association which provides such a service or through appropriately experienced and knowledgeable employment lawyers or workplace relations consultants like us. Please call us on 0438 533 311 or email enquiries@ridgelinehr.com.au if you want to explore how we might be of assistance.
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