MARKETS

Letter to the Editor: Redundancy pay

IN response to the article on "Coal mining companies seek to cap redundancy pay

Staff Reporter
Letter to the Editor: Redundancy pay

Where is the loyalty to employees who have worked in and opened up remote areas for both government royalty benefits and employers’ profitability?

It really amounts to bastardry where some people have spent many years in remote areas, that in early days were poorly accessible by road, where the country was harsh to establish the back-bone of the industry.

Now the employers want to cap the redundancy payments to save them dollars. It appears obvious that they’ll dump the established long term employee and re-establish that role under a revamped title in a casualised workforce with a cheaper rate of pay - more than likely from the contractor base at half the cost.

I do understand the diminutive cheapscape logic from some corporate person who has early morning cafe lattes on the mall before work who has no respect for the workforce out in the field.

I don’t think they really understand how harsh it was in some townships, where trips to city for general shopping may have only been monthly or less, to give their children educational opportunities chose to split the family up and send the children to boarding schools - without government assistance.

Those that have been there and done the hard yards to establish these areas, deserve everything they are entitled to and should remain so.

If redundancy payments are to be capped it should not be retrospective and the tax on redundancy should be zero including all extras.

Yours sincerely,

Peter Shephard

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production