There were about 900 "open roles" available across the iron ore business, he said. BHP have already cut about 2000 coal mining jobs this year, closing its Gregory and Norwich Park coal mines in Queensland, while also shelving building the multi-billion dollar Red Hill coal mine and cutting jobs in nickel mining. Mining giant BHP Billiton is considering a housing buyback as part of a package for workers laid off at its Ravensthorpe nickel mine, ... BHP considers 14 weeks' redundancy pay and housing buybacks. "Hope springs eternal in the human breast obviously but one must look at the history of the mining industry and see that this has happened on many occasions in the past and no doubt will happen many times in the future.". BP has already set aside about pounds 400m against the costs of its earlier redundancy programme. The original series of the Office with Ricky Gervais. But Friday’s anniversary will pass without fuss from the Pathways man. If you did not have the right to receive redundancy pay before this date, your period of continuous service is taken to commence on 1 January 2010. By 2017, BHP … "They are battening down the hatches but I think it's probably a good thing in the current market conditions with a lot of uncertainty around the short term and medium term iron ore price.". Mr Moore told reporters: "They are seeking to redeploy as many of their employees as they can in the BHP Billiton group. Mr Papaspiropoulos said BHP had a strong belief in the longer term attractiveness of the iron ore market. "Obviously those companies that were directly encouraged by BHP to go to those towns will be looked after on the basis that they were part of an incentive program," Mr Moore said. BHP’s shares have gained 1.6% today, while fellow iron ore miners Fortescue Metals Group Limited and Rio Tinto Limited have also gained 3.2% and 1.4% respectively. BHP was also considering buying back the houses of those who moved to the area and offering financial assistance to businesses who will lose out, the government said. "And there are vacancies at Nickel West, at the iron ore operations at Worsley Alumina and they have indicated to us there could be a couple of hundred jobs available as redeployment options.". BHP was founded on the promise of technological innovation. GLOBAL miner BHP Billiton is continuing to slash costs in a subdued environment as it meets with workers in Perth this week about likely job cuts. BHP, formerly known as BHP Billiton, is the trading entity of BHP Group Limited and BHP Group plc, an Anglo-Australian multinational mining, metals and petroleum dual-listed public company headquartered in Melbourne, Victoria, Australia.. Originally published asBHP set to cut iron ore jobs. The latest move follows the loss of thousands of jobs in Australia's resources industry, amid China-driven price falls in commodities such as iron ore and coal with Fortescue Metals particularly hard hit. Mr Moore also urged BHP to make a public statement about its plans for the community. There is a risk of claims (including discrimination claims) if the process is not handled correctly. Jack is on an emotional rollercoaster as he faces the … Global miner BHP Billiton is meeting staff to announce job cuts from its iron ore division.Source:AAP. WORKERS at terminally unprofitable Norwich Park Mine near Dysart could score a house if they opt for a redundancy package today. The NES began operating on 1 January 2010. BHP’s near $1.5 billion loss last year. While West Australian Mines Minister Norman Moore held a news conference to outline an offer to the community being considered by BHP, a company spokeswoman refused to confirm the details. David Brent is laid off / made redundant. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. The moves are consistent with the company's announcement in August that it would review capital spending. Find out more about our policy and your choices, including how to opt-out. BHP considers 14 weeks redundancy pay Back then it shelved the massive estimated $US30 billion ($A29.57 billion) Olympic Dam expansion, which along with Port Hedland will cost potentially thousands of mining services jobs in areas such as engineering. Together, we’ll work out the most suitable – and affordable – insurance package to suit your organisation’s needs. We explain work rights and how payments are calculated. Redundancy pay is calculated and paid on the basis of actual weekly pay. BHP would cover whatever was required, including university or TAFE fees, textbooks and flexible work arrangements around study. A person will only be made redundant where a suitable role cannot be found or they choose to take a redundancy package. If the prospect of buying up impoverished workers' shares has the stock brokers all excited, imagine their glee if they could get a cut of $100 million in workers' redundancy payments by brokering a buy-out. Find out more about our policy and your choices, including how to opt-out. Mr Moore said he hoped it was a short-term closure. Soon after, Mr Prescott purchased a $2 ... redundancy pack-ages have corrupted workplace culture at all levels. AAP understands about 200 workers in its iron ore division are set to be made redundant, mostly in Perth. 4.6 Redundancy. "For most people there will be little change other than position title and reporting line changes. For some people there will be greater impact. With one month to go, they’re struggling to come to terms with an uncertain future. The agreement will help BHP reduce emissions from electricity use at the refinery by up to 50 per cent by 2024, based on FY2020 levels. OptionsXpress market analyst Ben Le Brun said it was interesting that while executives at Australia's biggest iron ore producers in BHP, Rio Tinto and Fortescue were talking up the prices of iron ore they were actually pulling back on capital expenditure. Find the latest BHP Group Limited (BHP) stock quote, history, news and other vital information to help you with your stock trading and investing. ... OP permanent staff will get a redundancy package of sorts as others have indicated. Iron ore producers would be far more circumspect about their rate of growth next time, Mr Le Brun said. 20 years’ service is the maximum that can be taken into account. It is important to note that the length of your employment might also depend on whether you were legally entitled to redundancy pay before the introduction of the National Employment Standards (NES). 16 years gives you a nice fat redundancy package probably close to 3 years pay...? "A person will only be made redundant where a suitable role cannot be found or they choose to take a redundancy package." "Other businesses that may have been there already will be assisted, I presume, but perhaps to a different extent.". Supervisors at a BHP Billiton’s (LON, ASX:BHP) subsidiary Illawarra Coal in the Australian state of New South Wales have voted to strike for up to two weeks over a pay dispute, Illawarra Mercury reports. The ready reckoner for redundancy payments from the department of Business, Innovation and Skills is worked out. Visit http://openthecrypt.blogspot.com/ The NES apply to all employees covered by the national workplace relations system, regardless of any award, agreement or contract.The NES establish the minimum entitlement to the notice period, or payment in lieu of notice, that an employer must give an employee to end their employment. business and, if necessary, the broader BHP Billiton Group. The spot price for iron ore had recovered to above $US110 a tonne on Tuesday from $US104, well above the recent lows but down on the historical highs of $US180 a year ago. User #275832 1178 posts. "We are now sharing the outcome of this review with our people," he told AAP. Nationwide News Pty Limited Copyright © 2021. Up to 200 workers at BHP’s Perth office could be facing redundancy as the mining giant moves to reduce red tape. The mine will be mothballed after BHP announced last week up to 1,500 workers would lose their jobs. BHP Community Ltd t/a BHP Insurances. 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