'Clearly a problem': Hundreds of millions in lost wages returned to workers

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'Clearly a problem': Hundreds of millions in lost wages returned to workers
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The Fair Work Ombudsman has announced that a record $532 million in unpaid wages and entitlements was recovered in 2021-22.

The Fair Work Ombudsman has announced that a record $532 million in unpaid wages and entitlements was recovered for more than 384,000 workers in 2021-22.Deputy Fair Work Ombudsman Kristen Hannah says the recovered wages are good news for workers and compliant businessesThe Fair Work Ombudsman currently has about 50 investigations underway into corporates that have self-reported underpayments"It's clearly a problem," AMP senior economist Diana Mousina said.

"The Fair Work Ombudsman's strengthened compliance and enforcement approach has seen another record amount of back-paid wages for Australian workers in the last financial year," Ms Hannah said. But Woolworths is just one of a long list of major employers that have underpaid their workers, including Wesfarmers, Qantas, the Commonwealth Bank, Super Retail Group, Michael Hill Jewellers and the Australian Broadcasting Corporation.The Fair Work Ombudsman currently has about 50 investigations underway into large corporates that have self-reported underpayments, including some of Australia's largest companies.

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