Two key businesses of the Commonwealth Bank – Australia’s largest financial institution – have been charged with 23 criminal offences for allegedly failing to pay long service leave to some of its Victorian staff.
It is the latest in a number of legal cases brought against the Commonwealth Bank – which last week reported a $9.6 billion full-year profit – for failing to pay workers correctly. The maximum penalty that can be imposed by the Magistrates’ Court is $10,904 a day for each day the long service leave was not paid, which could potentially result in millions of dollars. The companies can also receive criminal convictions.The Commonwealth Bank had not responded to a request for comment at the time of publication.Victoria’s long service leave laws require all employees who have worked continuously with one employer for at least seven years to be entitled to long service leave.
benschneiders Haha how else do they keep breaking record quarterly returns in the billions? Now ya know
benschneiders You want even better news? The CommBank has refused to obey a federal court order to pay 3 employees who have general protection cases against their previous employer. Such banks should be banned in Australia.
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Commonwealth Bank hit with 23 criminal charges for not paying leaveTwo key businesses of the Commonwealth Bank – Australia’s largest financial institution – have been charged with 23 criminal offences for allegedly failing to pay long service leave to staff | Exclusive | benschneiders benschneiders And they're will be a slap on the wrist for no one in particular and a fine of laughable proportions. Meanwhile if a small business did similar it'd be loss of licence, business and jail.
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