Retailers laud deal to cut penalty rates

Retailers have lauded a deal cutting penalty rates. Under the deal, the penalty rate loading for Saturday will be abolished and on Sunday will fall from 100 per cent to 50 per cent and on public holidays from 150 per cent to 100 per cent. The deal struck by Business SA and the Shop, Distributive & Allied Employees' Association (SDA) means up to 40,000 employees can accept lower penalty rates on Sundays and public holidays in return for higher base pay, guaranteed annual pay rises, and other benefits.

 

 

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