Australia: Woolworths underpays workers by up to $300m
"Woolworths executive bonuses cut after workers underpaid up to $300m", 30 October 2019
Top executives at...Woolworths will have their bonuses cut after the retailer admitted it had underpaid nearly 6000 of its employees as much as $300 million...
...The underpayment was first identified by workers...as the company implemented its newest enterprise agreement, with inconsistencies identified in workers' overtime levels under the award...
...Salaried workers at the company's other divisions including Big W, Dan Murphy's and BWS may also be affected...
..."We apologise to our team, we're going to make it right, but it's a very complex issue," [Chief Executive, Brad Banducci] said. "I fully expect to have a conversation with the board on the consequences of this and I fully expect it will be impacting bonuses for myself and maybe there will be other things that come out of it."...