Massive change coming to Bunnings as 40,000 staff are told they can work a four-day week – AND get a big pay rise
- First Australian four-day work week to be trialled at Bunnings
- Full-time workers can request to work 38 hours over four days
- Bunnings employees to receive 10.5 per cent pay rise by 2025
Bunnings is set to become the first Australian retailer to trial a four-day work week with its 40,000-strong staff to receive a 10.5 per cent pay rise by 2025 and five weeks of holiday per year under a new ‘breakthrough’ deal.
The agreement with Shop, Distributive and Allied Employees Association (SDA) will see the four-day working week become a reality for thousands of retail workers.
Full-time Bunnings staff will be given the option to work their 38-hour weeks over four days instead of five, or a nine day fortnight.
A 10.5 per cent pay rise will roll out over the next three years with employees to receive 4.5 per cent this year and 3 per cent in 2024 and 2025, the Australian Financial Review reports.
SDA national secretary Gerard Dwyer said the deal, which was announced on Friday, was a ‘significant breakthrough for work-life balance’.
‘This package is good for workers and for this major retailer alike, setting Bunnings up as a preferred employer in a tight retail market,’ Mr Dwyer told the AFR.
The new enterprise agreement has been welcomed by the SDA after Bunnings initially scrapped their prior proposal in 2020.
Withdrawing the agreement was meant to provide workers with security and increase the certainty of jobs during the pandemic, according to Bunnings’ managing director Mike Schneider.
The agreement had been delayed by the Fair Work Commission for almost 12 months, prompting Mr Schneider to label it a ‘never-ending cycle of review’.
The agreement follows Bunnings’ long record of worker benefits, says chief people officer, Damian Zahra.
Other major Australian employers are expected to resume bargaining with unions post-pandemic, including Coles and ANZ bank.