- The Fair Work Ombudsman has filed proceedings relating to Super Retail Group’s (SUL) pay arrangements to workers, dating back before 2018
- SUL forked out more than $52.7 million in entitlements and interest to current and former workers
- The company’s CEO and MD Anthony Heraghty says the matter involves a “regrettable chapter” in the company’s history
- The group told investors it has “fully cooperated” with the FWO’s investigation into the matter
- SUL shares last traded at $12.51, down 0.4 per cent at 2:00 pm AEDT
The Fair Work Ombudsman (FWO) has filed proceedings in the Federal Court of Australia, relating to the Super Retail Group’s (SUL) pay arrangements for workers, dating back before 2018.
FWO’s proceedings relate to pay arrangements under Super Retail Group’s award-covered “set up” and retail management workers, as well as its enterprise agreement-covered team members.
“We note the allegations in the proceedings and reiterate our view that this
matter represents a regrettable chapter in our company’s history,” Super Retail Group CEO and Managing Director Anthony Heraghty said.
“It is unacceptable and contrary to the company’s values for any team member not to be paid correctly.”
The company took full responsibility for its actions, self-reporting the matter back in 2018 and issuing an apology to affected team members.
Super Retails Group has commenced a comprehensive back-payment program for affected team members, involving extensive calculations, assessment and review.
The remediation process is now completed, paying more than $52.7 million in entitlements and interest to current and former workers.
“We are sorry for the impact on our team members and today we restate our
unreserved apology to each person affected,” Mr Heraghty commented.
“Since 2018 we have changed our processes to fix the issues and help to ensure team members are being paid correctly.”
Mr Heraghty confirmed the Group has fully cooperated with the FWO investigation into the matter.
SUL shares last traded at $12.51, down 0.4 per cent at 2:00 pm AEDT.