Advert

Latest

People Think Dead Artist Is Responsible For Monolith In Desert
published at4 hours ago
Advert
Advert

Most Popular

Advert
News

Woolworths Admits To Underpaying Staff By Up To $300 Million

Woolworths Admits To Underpaying Staff By Up To $300 Million

Woolworths has admitted to underpaying roughly 5,700 staff by up to $300 million.

The company, one of Australia's largest employers, says the mistake was due to non-compliance with the industry award.

According to the Sydney Morning Herald, Woolies undertook a review of their worker's salaries just before it introduced the newest enterprise bargaining agreement.

It was during this review that the company noticed that there was a difference between what staffers were being paid as per their salary versus what they were entitled to be paid under the General Retail Industry Award.

Advert
Credit: Woolworths/YouTube
Credit: Woolworths/YouTube

"The review has found the number of hours worked, and when they were worked, were not adequately factored into the individual salary settings for some salaried store team members," the company said in a statement.

More Like ThisMore Like This

1 of 6
News

Woolworths Has Unveiled A Fully Vegan And Gluten-Free Christmas Lunch Range

News

Coles Admits Underpaying Staff By $20 Million Over Six Years

published at9 months ago

"Affected current and former salaried team members will receive their full entitlements, including back payments with interest and superannuation contributions, as soon as possible.

"Interim back payments will be made before Christmas to affected Supermarkets and Metro salaried store team members for the two years reviewed to date (September 2017 - August 2019)."

Advert

The dodgy payments go as far back as 2010 and the amount is between $200 million to $300 million.

Chief executive Brad Banducci released a statement saying: "As a business we pride ourselves on putting our team first, and in this case we have let them down. We unreservedly apologise.

"The highest priority for Woolworths Group right now is to address this issue, and to ensure that it doesn't happen again."

Featured Image Credit: Woolworths

Topics: News, Australia

Chosen for YouChosen for You

Boris Johnson Says People Who Test Negative For Covid-19 Could Be Released From Tier 3 Restrictions
published at2 days ago

Most Read StoriesMost Read

News

Dog With Rock Tied Around Her Neck Saved By Heroic Passer-by

published at10 hours ago

Stewart Perrie

Stewart Perrie is a Trending Journalist at LADbible. His first job was as a newsreader and journalist at the award winning Sydney radio station, Macquarie Radio. He was solely responsible for the content broadcast on multiple stations across Australia when the MH17, Germanwings and AirAsia disasters unfolded. Stewart has covered the conflict in Syria for LADbible, interviewing a doctor on the front line, and has contributed to the hugely successful UOKM8 campaign.