Oct 8 (Reuters) - Woolworths Group Ltd (WOW) :
- SETTLEMENT OF SALARIED TEAM MEMBER CLASS ACTION PROCEEDINGS
- NOW PROVISIONALLY SETTLED SALARIED TEAM MEMBER CLASS ACTION PROCEEDINGS
- PROCEEDINGS COMMENCED IN NOV 2019 IN RELATION TO ITS REMEDIATION OF SALARIED TEAM MEMBERS COVERED BY GENERAL RETAIL INDUSTRY AWARD
- TAKEN ANOTHER STEP IN SALARIED TEAM MEMBER REMEDIATION PROGRAM, WITH EX-GRATIA PAYMENT OF A$2,500 PLUS SUPERANNUATION
- EX-GRATIA PAYMENT TO BE PAID BEFORE CHRISTMAS TO AROUND 20,000 CURRENT & FORMER GRIA-COVERED SALARIED STORE TEAM MEMBERS
- TOTAL PAYMENT FOR SETTLEMENT IS EXPECTED TO BE AROUND A$50 MILLION
News: WOW Woolworths Announces Settlement Of Salaried Team Member Class Action Proceedings
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