How we reduced this company’s base wage remuneration
Challenge
An ASX50 company faced a critical challenge: negotiating an enterprise agreement aligned with the realities of a significant industry downturn.
Tasked with this responsibility, our team of specialists needed to navigate complex negotiations to secure a commercially sustainable agreement.
Solution
In just three months, we delivered effective and essential results for the company's future.
The final agreement included substantial base wage reductions, ranging from $10K to $15K, ensuring the company’s financial stability while addressing the economic pressures of the downturn.
Outcome
This swift and strategic negotiation process safeguarded the company's interests and set the stage for long-term sustainability in a challenging market.
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