1. What is the 2024 Public Sector Pay Increase?

The 2024 public sector pay increase in Australia is a 3.75% wage rise for many government employees, including NHS workers. This increase is part of the annual wage review and aims to keep pace with inflation and cost of living.

2. How Does the Calculator Work?

The calculator uses the simple pay increase formula:

Where:

• Old Pay — Current salary before the increase (AUD)
• 1.0375 — The multiplier for a 3.75% increase (1 + 3.75/100)

Explanation: The calculation shows your new salary after applying the 3.75% increase across your entire pay.

3. Importance of Pay Increase Calculation

Details: Understanding your new pay helps with financial planning, budgeting, and assessing whether the increase meets your living cost needs.

4. Using the Calculator

Tips: Enter your current salary in AUD (before the increase). The calculator will show your new salary after the 3.75% increase is applied.

5. Frequently Asked Questions (FAQ)

Q1: When does the 3.75% pay increase take effect?
A: The increase typically takes effect from the first full pay period on or after July 1, 2024, but check with your employer for exact dates.

Q2: Is the 3.75% increase the same for all public sector workers?
A: While 3.75% is the general increase, some specific roles or agreements may have different rates - always check your employment agreement.

Q3: How does this compare to previous years' increases?
A: The 2024 increase is slightly higher than some recent years, reflecting higher inflation and cost of living pressures.

Q4: Will this increase affect my superannuation?
A: Yes, as your super contributions are typically calculated as a percentage of your ordinary time earnings, which will now include the increased amount.

Q5: Are there tax implications from the pay increase?
A: Your increased pay may move you into a higher tax bracket, potentially affecting your take-home pay percentage. Use a salary calculator to see net effects.