Noosa News
Minister defends travel company’s pay cut
Friday February 05, 2021
Finance Minister Simon Birmingham has defended companies asking workers to take significant pay cuts in order to save their jobs after travel firm Helloworld proposed slashing staff salaries after wage subsidies end in March.
Major travel company Helloworld sparked outrage from Labor and unions after it asked a worker to slash their annual salary package by almost $18,000 when JobKeeper ceased in March.
Birmingham described the move as a “structural adjustment” made due to pandemic travel restrictions.
“A business has to be profitable to survive in the…
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