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1.75% Annual Wage Increase Announced - to commence 1st November 2020

1.75% Annual Wage Increase Announced - to commence 1st November 2020

The Fair Work Commission has announced its 2020 Wage Case decision and determined that all Award base rates of pay will increase by 1.75%.

Unlike other years where the increases would normally take effect on the 1st July, this year due to Covid-19 crisis, the commencement of the increase will be staggered according to the industry.

The Real Estate Industry Award and the Clerks-Private Sector Award have both been included in the second stage of this staggered program.  Accordingly, the annual increases under these Awards will be delayed until the first full pay period on or after the 1st November 2020.

REEF will be producing our annual 'Rates of Pay' booklet in the coming months to ensure members have access to the updated wage rates and allowances well in advance of the 1st November start date.

For example, the weekly minimum rate of pay for a Real Estate level 2 employee will increase by $15.10 to $877.60.

REEF members are therefore advised to continue to pay the existing 2019/2020 base rates of pay until the first full pay period on or after the 1st November 2020.



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About REEF

The Real Estate Employers' Federation is the real estate industry’s leading not-for-profit employer and workplace relations advisory association. It has more than 1600 members and subscribers across Australia.

Each year, REEF receives more than 20,000 calls from real estate employers needing help and guidance on matters affecting the employment relationship.

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