Accounting and financial services company penalised for unlawful cashback scheme
A Sydney accounting firm and its owner were fined $177,000 by the Fair Work Ombudsman for running a cashback scheme that forced a migrant worker to repay her entire wage.
$177,000 in court penalties secured against a Sydney accounting firm and its owner for an unlawful cashback wage scheme.
What happens if my business runs an illegal cashback scheme with employee wages?
Affects all trade business owners who employ staff. Cashback or wage repayment schemes are illegal and can result in heavy court penalties.
Key takeaways
- A Sydney firm was fined $177,000 for forcing a migrant worker to repay her full wage via a cashback scheme.
- The Fair Work Ombudsman brought the case to court, resulting in penalties against both the company and its owner.
- Cashback arrangements that claw back employee wages are unlawful under Australian workplace law.
- Business owners across all industries should audit wage practices to avoid similar penalties.
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