Woolies staff approve new enterprise agreement
The AFR reported that Woolworths supermarket staff have overwhelmingly approved the company's new enterprise agreement, which restores full penalty rates for the first time in decades. The new deal increases weekend and evening rates to the award minimum. Under the agreement, casual loading will rise from 20% to 25%. The four-year arrangement is expected to significantly increase labour costs for the retail giant as, unlike previous agreements, it does not trade away penalty rates for higher base rates.