BNR – According to an assessment done by the BHP, about 28,500 workers received less vacation time than they were supposed to. In the meantime, 400 employees did not get extra pay as a result of an issue with the employment institution.
According to BHP, the event has been reported to authorities. Furthermore, the inaccuracies would cost the corporation up to 280 million USD (225 million EUR) before taxes.
Vacation Time Errors: BHP Workers Received Less Time Off
The business discovered that certain impacted employees’ vacation was mistakenly deducted on Australian public holidays. As a result, they were owed an average of six days of vacation.
“We are sorry to all current and former employees impacted by these errors,” said Geraldine Slattery, BHP’s Australia president. “This is not good enough and falls short of the standards we expect at BHP.”
Slattery noted that they are working diligently to resolve and remedy these issues as soon as possible. Furthermore, the company requested a study of its payroll operations.
During its full-year results call in August, it would offer an update on its inquiries. BHP is the world’s largest miner, with its headquarters in Melbourne.
It employs around 80,000 people, including contract workers, in locations such as the Escondida mine in Chile. The Escondida mine is considered to be the world’s biggest copper mine.
In addition to its shares being listed in Australia, the firm was a component of the blue-chip FTSE 100 index in the United Kingdom for nearly ten years. The company’s shares were delisted from the London Stock Exchange in January 2022. This occurred as a result of investor demand to simplify its organisational structure.
Supporters of the delisting stated that it would make it simpler for BHP to obtain funds, conduct transactions, and return money to shareholders.