Finance Small Business Profit-sharing changes for 7-Eleven

Profit-sharing changes for 7-Eleven

Twitter Facebook Reddit Pinterest Email

Embattled convenience store chain 7-Eleven will share more profits with its franchisees after it was exposed underpaying international students.

Franchisees will have to meet reporting, compliance and oversight conditions to get the benefit of the new profit model, which is being rolled out over the next few months.

• Rupert Murdoch: “What about a real black president?”
Peta Credlin’s husband quits as Liberal chief

The company’s chairman and chief executive quit recently after revelations international students were threatened with deportation if they reported their exploitation.

In September, a joint-investigation by Fairfax and ABC journalists revealed some workers at 7-Eleven stores were working for as little as $5 per hour.

Following the revelations broadcast on the ABC, 7-Eleven’s head office reported that it had issued 159 notices to franchisees for payroll non-compliance.

View Comments