UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
June 1, 2023
BHP GROUP LIMITED
(ABN 49 004 028 077)
(Exact name of Registrant as specified in its charter)
VICTORIA, AUSTRALIA
(Jurisdiction of incorporation or organisation)
171 COLLINS STREET, MELBOURNE,
VICTORIA 3000 AUSTRALIA
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: ☒ Form 20-F ☐ Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: ☐ Yes ☒ No
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
NEWS RELEASE
Release Time |
IMMEDIATE |
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Date | 1 June 2023 |
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Release Number | 11/23 |
REVIEW OF EMPLOYEE ALLOWANCES AND ENTITLEMENTS
BHP has identified issues with certain allowances and entitlements affecting a number of its current and former employees in Australia.
A preliminary review suggests that certain rostered employees across our Australian operations have had leave incorrectly deducted on public holidays since 2010. There are approximately 28,500 affected current and former employees with an average of 6 leave days in total that have been incorrectly deducted from affected employees over this 13 year period.
Initial investigations also suggest that OZ Minerals has been affected by a similar leave deduction issue before being acquired by BHP in May 2023.
In addition, BHP has identified that approximately 400 current and former employees at Port Hedland are entitled to additional allowances due to an error with the employment entity in their contract.
Based on currently available information, it is estimated that the cost of remediating the leave issue and the contracting issue will be up to US$280 million pre tax, incorporating on costs including associated superannuation and interest payments (BHP share). BHP is continuing to investigate and an update will be provided in our full year results in August.
Geraldine Slattery, President Australia said: “We are sorry to all current and former employees impacted by these errors. This is not good enough and falls short of the standards we expect at BHP. We are working to rectify and remediate these issues, with interest, as quickly as possible.”
Protiviti, a global assurance firm, has been engaged to conduct a thorough review of our payroll systems.
BHP will contact affected current and former employees regarding remediation as soon as possible and a dedicated hotline and website will be established to provide assistance from Friday.
BHP has self-reported to the Fair Work Ombudsman.
Authorised for lodgement by:
Stefanie Wilkinson
Group Company Secretary
Media Relations | Investor Relations | |
Email: media.relations@bhp.com | Email: investor.relations@bhp.com | |
Australia and Asia | Australia and Asia | |
Gabrielle Notley | John-Paul Santamaria | |
Tel: +61 3 9609 3830 Mobile: +61 411 071 715 |
Mobile: +61 499 006 018 | |
Europe, Middle East and Africa | Europe, Middle East and Africa | |
Neil Burrows | James Bell | |
Tel: +44 20 7802 7484 Mobile: +44 7786 661 683 |
Tel: +44 2078 027 144 Mobile: +44 7961 636 432 | |
Americas | Americas | |
Renata Fernandaz | Monica Nettleton | |
Mobile: +56 9 8229 5357 | Mobile: +1 (416) 518-6293 |
BHP Group Limited ABN 49 004 028 077 LEI WZE1WSENV6JSZFK0JC28 Registered in Australia Registered Office: Level 18, 171 Collins Street Melbourne Victoria 3000 Australia Tel +61 1300 55 4757 Fax +61 3 9609 3015 |
BHP Group is headquartered in Australia |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BHP Group Limited | ||||||
Date: June 1, 2023 | By: | /s/ Stefanie Wilkinson | ||||
Name: | Stefanie Wilkinson | |||||
Title: | Group Company Secretary |