Fletcher tells workers, take up to 70% pay cuts or no wage subsidy

Wed, 08 Apr 2020

Fletcher Building has been telling some employees and First Union that staff have to agree to its sweeping pay cuts of up to 70 percent before it can apply for the government's 12-week wage subsidy.BusinessDesk has sighted a number of email exchanges between the union, a staff member and senior Fletcher executives which clearly convey that message.However, Fletcher has provided a copy of another email that it says contradicts that message.The subsidy is intended to help companies manage through the coronavirus crisis and national lockdown and t...

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