The EBA Agreement is a legal document that outlines the terms and conditions of employment between an employer and its employees. In Australia, one of the largest retail chains, Big W, has recently signed a new EBA Agreement that has generated a lot of buzz online.

The new agreement, which was signed in October 2020, covers over 18,000 Big W staff across the country. It contains a number of important changes, including a pay rise for all employees and a reduction in the number of casual staff employed.

Under the new agreement, full-time and part-time employees will receive a 2.5% pay rise each year for the next three years, while casual employees will receive a 1% pay increase. This will bring the minimum wage for Big W employees up to $21.74 per hour, which is above the current national minimum wage of $19.84.

The agreement also includes a number of other benefits for Big W employees, such as the introduction of paid domestic violence leave and an increase in superannuation contributions.

Perhaps most significantly, the agreement includes a cap on the number of casual staff that Big W can employ. Under the new agreement, casual staff cannot make up more than 35% of the total workforce, which will provide greater job security for current staff and help to reduce the number of “casualisation” practices that have become prevalent in the retail industry.

Overall, the new EBA Agreement signed by Big W represents a significant win for the company`s employees. The pay rise and other benefits will help to improve the financial security of staff, while the reduction in casualisation practices will provide greater stability and job security.

For the retail industry as a whole, the agreement could also have wider implications. With Big W being one of the largest retail employers in the country, the new EBA Agreement could set a precedent for other companies to follow, helping to improve the conditions and job security of thousands of Australian retail workers.