Is 1 July 2024 a strict compliance date for the recent 3.75% FWC increase?
No.
The FWC increase (if applicable) is payable on the “first full pay period” after 1 July 2024.? This means that the FWC increase will be implemented differently for each Employer depending on their usual ‘pay day’.
Pay periods can, depending on their applicable Award/EA and/or Contracts of Employment, be weekly, fortnightly or monthly.? These are usually expressly defined and cannot be unilaterally changed without sufficient notice.
The following examples illustrate the range of applications.
If the pay period is weekly Monday to Sunday the first full pay period after 1 July 2024 will be the pay period from 1 July to 7 July 2024.
If the pay period is weekly Thursday to Wednesday the first full pay period after 1 July 2024 will be the pay period from 4 July to 10 July 2024.
If the pay period is fortnightly and started on 24 June 2024 the first full pay period after 1 July 2024 will be the pay period starting on 8 July 2024.
If the pay period is fortnightly and started on 27 June 2024 the first full pay period after 1 July 2024 will be the pay period starting on 11 July 2024.
If the pay period is monthly and started on 26 June 2024 the first full pay period after 1 July 2024 will be the pay period starting on 24 July 2024.
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