Wage increases Under the new Coles agreement, minimum wage rates in the Coles agreement will increase in line with the increase set by the Fair Work Commission`s annual salary review, which was delivered annually in June. The SDA and The Australian Unions are working hard to ensure a significant increase in workers` wages, as the cost of living continues to rise. The new rates in the table below only apply to existing workers when they increase your weekly wage. You will receive the higher weekly amount of the new rates with penalties or your current salary rates protected for the whole week. The new rates below will only apply to existing employees if the new penalty rates for your service table paid you more for the week than your guaranteed rate of pay for the week. You get the highest of the two. (For more information, see “Protecting Take Home Pay.”) If your average hourly rate (AHR) is higher than your protected wage rate, Coles pays the difference between the two rates. This is calculated by multiplying the difference by the number of hours you worked between February 26 and April 30, 2018. The SDA fought for fair penalty interest at the Retail Award in 2009. And one of the main objectives of these negotiations was to guarantee these rates in the new Coles agreement. Negotiations focused on the transition to a new agreement based on the General Retail Industry Award. The transition to a new agreement On the basis of the award, the SDA had to fight for the best terms won by sDA union members during decades of negotiations.
– Protect home payments – Improve penalties – make sure the SDA Union conditions are hard-won – make sure you raise wages for everyone. However, the SDA continues to commit to bringing back wages at home, for all workers to receive a pay rise, and for us to maintain the hard-won union conditions we have achieved in more than 20 years of negotiations with Coles. The SDA has held meetings with Coles over the past two days for a new agreement. This meets some of the SDA`s requirements for improving penalty interest. The SDA continues to focus on wage protection, ensuring higher wages for all employees and transitioning to a new agreement. Your protected salary Under the new Coles agreement, all Coles employees employed on February 25, 2018 will receive a protected rate of pay. The new rates of pay will come into effect from the first full salary period, April 30, 2018 or later.