Jewellery retailer Michael Hill is facing a $10 million to $25 million hit to profits after discovering it has been underpaying staff for six years.
Michael Hill has started a full remediation program after an initial review of Australian retail employment contracts and rostering practices showed it had misapplied some elements of the General Retail Industry Award.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
