Latest / Best of Business / Jenee Tibshraeny: NZ Herald Wellington business editor on the widespread payroll issue impacting 40,000 McDonald’s staff

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Jenee Tibshraeny: NZ Herald Wellington business editor on the widespread payroll issue impacting 40,000 McDonald’s staff · Best of Business

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  Speaker 2: If you worked at McDonald's between two thousand and nine
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  Speaker 2: and twenty twenty, about forty thousand current and former McDonald's
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  Speaker 2: staff might experience a little winfull because of having to
• 0:26
  Speaker 2: correct a widespread payroll issue.
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  Speaker 3: GENETI Trainey is the Heralds Wellington Business Editday AG and eight.
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  Speaker 2: Hey, what happened?
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  Speaker 4: Right? So there's a Holidays Act two thousand and three
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  Speaker 4: and that is proving to be a very complicated and
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  Speaker 4: problematic piece of legislation because a whole bunch of employers,
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  Speaker 4: including government departments, have misinterpreted the Act and paid people incorrectly.
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  Speaker 4: And this relates to and you'll leave holiday pay that
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  Speaker 4: type of thing. Now, for some years, various employers have
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  Speaker 4: been reimbursing staff because of this spotch up, because of
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  Speaker 4: this confusion under the Act. And McDonald's is the latest
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  Speaker 4: large employer to start this quite significant reimbursement project. So,
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  Speaker 4: as you said in your intro, around forty thousand current
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  Speaker 4: and former McDonald's staff are likely to be compensated. The
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  Speaker 4: company reckons they'll receive tens of millions of dollars, the
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  Speaker 4: low tens of millions. Wouldn't say exactly how much. But
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  Speaker 4: I've had a little look online on various social media platforms,
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  Speaker 4: and you know, people are talking about receiving three thousand
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  Speaker 4: dollars one two hundred. Someone's talked about receiving ten thousand dollars.
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  Speaker 4: So good news for some people.
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  Speaker 2: Yet do you know if it comes with interest, like,
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  Speaker 2: are you going to get it in two thousand and
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  Speaker 2: ninees money or are you going to get it in
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  Speaker 2: twenty twenty fours money?
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  Speaker 3: Because Jay, that's a different story.
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  Speaker 4: Well, that is a very good question, and I don't
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  Speaker 4: know the answer to that. It sounds like a really
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  Speaker 4: complicated process all of this, And because McDonald's the various
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  Speaker 4: stores are owned by various franchisees, so the sue has
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  Speaker 4: been pulling them all together and figuring out what the
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  Speaker 4: payments are. So actually, some people have been overpaid over
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  Speaker 4: the years. Those people won't be asked to repay McDonald's.
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  Speaker 4: But the issue here is that there are some stores
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  Speaker 4: where people won't be reimbursed. Yeah, so there's about a
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  Speaker 4: handful of stores that are either they're outside of this
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  Speaker 4: massive process that's that the Ministry of Business, Innovation and
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  Speaker 4: Employment is involved with with McDonald's, and those people will
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  Speaker 4: log onto this portal online and be told that they
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  Speaker 4: won't be repaid for now at least. So yeah, complicated
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  Speaker 4: issue and I think there'll probably be some disappointed people there. Yeah.
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  Speaker 3: Well, okay, thank you, Jena, I really appreciate it. Thanks
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  Speaker 3: so much for talking us through it. GENETI training The
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  Speaker 3: Herald's willing to Business.
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