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Restaurant Brands offers a 7.9% wage increase

News Release
Draft Two
24 March 2006

Restaurant Brands offers employees (store partners) a 7.9% wage increase

Restaurant Brands today announced a pay increase for all store hourly paid staff across it business including KFC, Pizza Hut and Starbucks. The pay rise will be effective for the first two years from the 27th of March and employees will receive the increase in their next pay packet. This increase is part of a newly negotiated Collective Agreement.

The major changes in the contract cover:

• A commitment to gradually remove youth rates with a new rate of 90% of the adult minimum rates for all partners under 18 years of age

• Payment of the full adult rate to shift supervisors under 18 years.

• Minimum rate increases decided by the government will be applied for Pizza Hut and KFC partners as a percentage increase to all adult rates and allowances this year and to all partner rates next year – this means a minimum 7.9% increase for adult partners and a significant increase for partners who are currently 17 years of age (e.g an 14% increase for a 16 year old working for KFC)..

• Starbucks partner rates will move by 75 cents per hour this year and by the same % increase as the adult minimum in 2007.

Commenting on the deal, Vicki Salmon, CEO of Restaurant Brands said:
“We are pleased that we have reached this settlement with Unite. We have been in in-depth negotiations with the Union for five months seeking an outcome that had the best interests of employees at heart, but with the commercial nature of our business in mind.

Restaurant Brands is well-recognised throughout the hospitality industry for rewarding our staff, offering well-respected staff training programmes and flexible working hours and this settlement will help us to attract and retain quality partners.”


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