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MTO — MotorCycle Holdings News Story

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Brief: Motorcycle Identified Issues On Application Of Modern Awards That Apply To Co's Employees

BRIEF-Motorcycle Identified Issues On Application Of Modern Awards That Apply To Co's Employees

- MotorCycle Holdings Ltd MTO.AX:

  • IDENTFIED CERTAIN ISSUES RELATING TO APPLICATION OF MODERN AWARDS THAT APPLY TO CO'S EMPLOYEES

  • TOOK IMMEDIATE STEPS TO ENACT AMENDMENTS TO ITS PAYROLL SYSTEM TO ALIGN WITH THE MODERN AWARD REQUIREMENTS

  • ESTIMATES FOR CURRENT EMPLOYEES AT CURRENT WAGE RATES REMEDIATION COST FOR UNPAID LEAVE LOADING FOR 1 JULY 2020-30 JUNE 2026 A$1.1M-1.3M

  • MAKING A VOLUNTARY DISCLOSURE TO FAIR WORK OMBUDSMAN


Further company coverage: MTO.AX


((Reuters.Briefs@thomsonreuters.com;))

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