Question

objectives of objectives of extents of minimum wage implementation on hospitality industry in Australia

Answer 1

Answer -

Objective of minimum wages in Australia

In Australia, Fair Work Act 2009, controls / regulates the minimum wages for worker and reviews minimum wages every year.

It is the objective of every one to earn maximum money, however in this process there are few who are paid fairly, however there are also exception who are not paid fairly for their efforts. To ensure the fair amount of wages paid to all, every country has government bodies responsible for setting up and regulating minimum for all industries. As mentioned, Fair Work Act 2009 act doing the task.

Fair Work Act and establishes the safety net of fair minimum wages by taking into account the following factors: -

1. Performance and competitiveness in the country, including factors as productivity, inflation and employment growth
2. Promotion of social inclusion or in other works remove or reduce wealth gaps in society.
3. Maintain living standards and fulfill needs to under paid workers.
4. Implementation of equal remuneration for same work irrespective of gender, caste etc
5. Provide a comprehensive range of minimum wages for various levels as well as covering various types of industries. Also take into account training needs and needs of workers with disability.

In Australia, it is agreed with all concerned that there will a minimum wages of Australian Dollar 1500 for all sectors.

Hospitality sector minimum wages –

1July 2018 to 30 June 2019

Employer with 10 or less employees

HourlyR17.34

WeeklyR781.14

Monthly R3384.71

Employer with more than 10 employees

HourlyR19.35

WeeklyR870.62

Monthly R3772.65

Total increase from previous year is 6%

Source - http://lwo.co.za/new-minimum-wage-hospitality-sector-form-1-july-2018-until-30-june-2019/