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Section : 284 The minimum wages objective
Domain : Human Resource Management
Classification : Not Identified
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What is the minimum wages objective? (1) FWA must establish and maintain a safety net of fair minimum wages, taking into account: (a) the performance and competitiveness of the national economy, including productivity, business competitiveness and viability, inflation and employment growth; and (b) promoting social inclusion through increased workforce participation; and (c) relative living standards and the needs of the low paid; and (d) the principle of equal remuneration for work of equal or comparable value; and (e) providing a comprehensive range of fair minimum wages to junior employees, employees to whom training arrangements apply and employees with a disability. This is the minimum wages objective . When does the minimum wages objective apply? (2) The minimum wages objective applies to the performance or exercise of: (a) FWA's functions or powers under this Part; and (b)