As part of its annual wage review decision for the upcoming 2024/2025 financial year, the Fair Work Commission (FWC) has made the decision to increase the National Minimum Wage (NMW) by 3.75% and minimum rates of pay in modern awards by 3.75%.
The increase to the NMW and the minimum rates in modern awards that apply to architecture practices – including the Architects Award 2020 – will apply from the first full pay period commencing on or after 1st July 2024.
The updated wage guides are available on the Institute's HR Hub.
Effective employment agreements not only set out salary, employment conditions and other statutory entitlements but will also include provisions addressing performance assessment, career opportunities and the aspirations of the practice.