Michael Hill underpaid employees millions

Michael Hill International underpaid staff by millions

Michael Hill International underpaid staff by millions

Jewellery retailer Michael Hill has revealed it will spend up to $25 million repaying its workers, after a review of employment contracts and rostering practices found a "historic misapplication" of the Award across six years.

Employee underpayment has been a common topic in the retail industry over the previous year, with Super Retail Group, Caltex, and Lush, among others, owning up to the mistake. This could take up to several months to investigate.

The jewellery retailer employs around 2,600 employees across 312 stores in Australia, New Zealand and Canada, the company's 2018 annual report reveals.

"I will be in contact with all team members today to apologise on behalf of the company and to provide an outline of the process we are following to establish who is impacted", Bracken said.

A more comprehensive review has been undertaken to look at all employee records, rostering practices and payments.

Newly appointed chief executive Daniel Bracken instigated the review, and worked with PriceWaterhouseCoopers to complete it.

In Australian, same-store sales fell 5.9 per cent to $292 million, down from $310.2 million the prior year, with eight stores closing over the year.

However, preliminary annual figures showed the groups sales falling more than 4 percent in the year to June.

In Australia, where it had 168 stores, total quarterly sales fell to A$71.9 million, down nearly 6 percent from a year earlier.

"Even though we are experiencing an extremely competitive retail environment, particularly in Australia, with intensive competitor clearance related activities and lower foot traffic, the company has continued to deliver improved sales momentum for the fourth quarter", Mr Bracken said.

Notícias recomendadas

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.