Regis news

Posted on
November 3, 2020
in
Aged Care Sector

Things you discover in the annual report.

We’ve been going through the Regis annual report and, while it’s not great bedtime reading, there certainly are some interesting bits and pieces and the figures are big.

$1.8 billion in assets, $677 million in revenue and still clearing profit in the millions despite COVID, not to mention they paid out a dividend to shareholders this year while giving the options for a staff pay rise in their earlier survey of only 1.25%, 1.5% and 1.75%.

More specifically, there’s a sum total of $2.7 million to be used for the benefit of staff and residents at Legana and Norwood – does that ring any bells?

At the last staff agreement meeting we asked how these funds are being used by the employer and we’re waiting for a response.

Let’s hope the former resident’s kind bequest can be used for the benefit of staff and residents, maybe even at bargaining for your new agreement!

For more information about this or any other industrial matter, members should contact HACSUassist on 1300 880 032 or email assist@hacsu.org.au or complete our online contact form

Aged Care Sector