BlueScope steel workers are looking forward to their first pay rise in four years after the company returned to making a bumper profit last year | AnnaPattySMH
In 2015, workers at the Port Kembla steel works accepted a three-year pay freeze to help the company stay afloat. More than 200 workers were made redundant.The Bluescope board had decided that unless $200 million in costs could be saved, its steel making enterprise would end.
"We believe the combination of locking in pay rises for the next three-years as well as sharing in BlueScope's profits via our Profit Share Plan, is a great outcome for everyone involved," Mr Bell said. Australian Workers Union NSW branch senior vice president Paul Farrow said the in principle enterprise agreement would go to a formal vote in coming weeks before the Fair Work Commission considered giving it final approval.
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