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flag Australian supermarkets Woolworths and Coles face over $1 billion in costs due to underpaying managers.

flag Two major Australian supermarket chains, Woolworths and Coles, face potential costs exceeding $1 billion due to a court ruling that they underpaid thousands of salaried managers over the years. flag Woolworths estimates an additional cost between $250 million to $470 million, while Coles estimates costs between $150 million to $250 million, including previous remediation payments. flag The ruling highlights widespread issues with employment record-keeping and wage compliance in Australia’s retail sector.

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