Business

Michael Hill underpaid staff by millions

Brisbane-based jewellery retailer Michael Hill International says it will spend up to $25 million to compensate staff for historical underpayments.

Michael Hill International says it will spend $10 million to $25 million to compensate employees who were underpaid over a six-year period.

The Brisbane-based jewellery retailer says a review by PriceWaterhouseCoopers found the general retail industry award had been misapplied.

New company chief executive Daniel Bracken says the company will contact all staff on Thursday to apologise and outline a process to quickly pay those affected.

Stay up to date with SBS NEWS

  • App
  • Subscribe
  • Follow
  • Listen
  • Watch