Original article by David Marin-Guzman
The Australian Financial Review – Page: 7 : 13-Jul-20
Restaurants, cafes and horticulture are among the sectors that the Fair Work Ombudsman tends to focus upon regarding wage underpayments. However, the FWO notes that businesses in these sectors are likely to be under severe financial stress because of COVID-19. As a result, it is prepared to take no legal action against businesses in these circumstances as well as considering the reduction of ‘contrition payments’, provided that their non-compliance was not "egregious or deliberate". The FWO will make large companies its 2020-21 focus so far as underpayments are concerned.
CORPORATES
AUSTRALIA. FAIR WORK OMBUDSMAN, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB