Domino's Pizza says it has already put steps in place to protect franchisees' profits as it prepares to pay higher wages under a new agreement with employees.
The impact the increased wages will have on Domino's franchisees has been a source of concern for investors and analysts, and was a major trigger behind the company's share price falls in 2017.
The pizza maker has previously said the wage increases would account for up to two per cent of average franchisee sales.
On Wednesday, Domino's said in a statement that "while the new agreement includes higher wages, it has been putting strategies in place to ensure franchises remain profitable, sustainable, and continue to prosper."
Those strategies include expanding its menu to include new desserts and thickshakes, and introducing new technology that improves the quality of its pizzas.
Nearly 30 per cent of Domino's workforce, about 5,400 delivery staff and store workers, took part in a nine-day ballot that ended on Wednesday with 89 per cent voting in favour of the new agreement.
The Shop, Distributive and Allied Employees (SDA) union said the agreement locks in full penalty rates, strong conditions and higher guaranteed hours for part-time workers.
SDA national secretary Gerard Dwyer said Domino's part-time workers can now be guaranteed up to 15 hours per week, subject to their availability - an improvement on the three hours per week guaranteed under the relevant award.
"In a workplace environment characterised by casualisation and underemployment, this is an important win for Domino's part time workers who now have access to a reliable weekly income," Mr Dwyer said.
The agreement comes after more than a year of negotiations and will replace 27 expired Domino's agreements.
Mr Dwyer said having one agreement will make it easier to negotiate wages and working conditions for Domino's staff in the future.
The new agreement must now be lodged with the Fair Work Commission for approval.
Until approved, Domino's workers will remain on the Fast Food Industry Award, which they were switched to on January 24.
Shares in Domino's gained 20 cents to $47.99.
