Union analysis estimates that retail workers could lose out on at least $5000 a year under an industry proposal to buy out managers’ penalty rates and overtime in return for a 25 per cent salary increase.
The Shop Distributive and Allied Employees Association’s analysis of the Australian Retailers Association’s proposal to introduce a salary buyout option for the retail award found 13 of 21 sample employees would be worse off under their rosters if they accepted the proposal, and allegedly an up to $16,000 a year loss in the worst-case scenario.
