Australian Red Cross owes up to $20m in back pay to current and former staff

The Australian Red Cross owes current and former staff millions of dollars in back pay as the charity grapples with a financial crisis brought on by the loss of multimillion-dollar government contract and hundreds of job losses.

Confidential papers obtained by Guardian Australia reveal that the organisation had set aside $10m to deal with “remuneration compliance” for hundreds of past and present staff dating back several years.

But between 22 March and 14 May that figure escalated to $20m as a “remuneration compliance project team” carried out an audit.

To view the full Guardian article, click here.

Let us keep you up-to-date

Subscribe to the NFPAS email newsletter to receive not for profit industry news and special updates.