From 1 July 2019 the high income threshold for protection from unfair dismissal will increase to $148,700 from $145,400. The compensation limit for unfair dismissals occurring on or after 1 July 2019 will also increase to $74,350 from $72,700.
Increases to all modern award minimum wages, the national minimum wage and national training wage are 3% from the first full pay period that starts on or after 1 July 2019. For more information on the Annual Wage Review Decision, refer to our previous article here.
If you are considering the dismissal of an employee, or in the midst of a dismissal process, please contact us to find out what the increase to the high income threshold and compensation cap means for you. We also welcome the opportunity to assist with any queries relating to applicable rates of pay.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
