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What is minimum wage in nj 2020. Special national minimum wage applies to a trainee who is not an apprentice. As per the last annual wage review by the fair work commission the national minimum wage of australia has been revised for the period from 1st july 2019 to 30th june 2020. The new national minimum wage for employees who are 21 years or over is 1984 per hour or 2480 for casual employees.
Employees covered by an award or registered agreement are entitled to the minimum pay rates including penalty rates and allowances in their award or agreement. The fair work commission announced a 175 increase to the national minimum wage following its annual wage review. These pay rates may be higher than the national minimum wage.
As of 1 july 2020 the national minimum wage is 1984 per hour or 75380 per week. 8590 won 75 usd or 86 ppp per hour is the nominal minimum wage in south korea although the real effective comparable minimum wage is higher at 10020 won 9 usd or 10 ppp per hour due to a mandatory weekly paid holiday for people that work more than 15 hours per week a law that is absent in other developed countries. Current national minimum wage in australia.
Currently it varies from a28790 a58580 per week. The minimum wage for a trainee is set in schedule e of the miscellaneous award 2010. This is before tax amount.
Facts and statistics about australia australia is a country located in the australia and new zealand region with a population of 18886000 and an average life span of 798 years. Award and agreement free juniors get paid a percentage of the national minimum wage. Australia is the country with the highest minimum wage in the world australia sneaks into the list on its own merits with other heavyweights in the global economy occupying the number 1 and sharing red carpet with stars of the caliber of luxembourg and germany.
The national minimum wage is currently 1984 per hour or 75380 per 38 hour week before tax. The national minimum wage for this period is 74078 per week or 1949 an hour. Australias minimum wage was last changed in 1 jul 2016.
Casual employees covered by the national minimum wage also get at least a 25 casual loading. Australia has one of the highest minimum wages in the world. Minimum wage varies with years of schooling.
What is the current national minimum wage. 175 increase to minimum wages.
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