Bunnings advises of error affecting some part time team members’ superannuation calculations

Bunnings today advised that it has been alerted to an error in the payroll system code, dating back to 2011, that relates to superannuation payments.

The error affects part-time team members employed in Australian Warehouses and Smaller Format Stores who worked more than their annual contracted hours from the 2011/2012 financial year onwards. In most cases it will only affect superannuation contributions for May or June of the relevant year.

Bunnings is running a full reconciliation, which will be independently verified, and will make a back payment plus compensation in accordance with Australian Tax Office requirements.

Bunnings has briefed the Fair Work Ombudsman and notified the Retail Employee Superannuation Trust (REST). Bunnings will also contact former team members who have been affected by this error.

HR Director Jacqui Coombes said Bunnings was very sorry that this has happened.
“We understand the importance of ensuring our team members are paid everything they are entitled to in full and on time – in this case, whilst inadvertent, we haven’t, and we are very sorry for that,” she said.

“Our focus now is on making sure we complete this reconciliation thoroughly and as quickly as possible, so we can ensure that the superannuation contributions and compensation owing are made to team members’ superannuation funds.

“We have also fixed the original error to ensure that this does not happen again.”
Anyone who believes they may be affected can call 1800 800 311 for more information.

- ENDS -

For media enquiries please contact: media@bunnings.com.au

Bunnings