It’s estimated around 100,000 staff at Woolworths
(ASX:WOW) will get pay rises as well as other entitlements under the nation's biggest private sector pay deal.
Woolies and the shop assistants union are seeking approval of a two-year agreement, which complies with the Fair Work Act's "better off" test.
Workers in New South Wales, Queensland and the ACT, where the state agreements expire next month, will get rises of about 6.8% over two years.
While workers in other states and the Northern Territory - where their agreements expired last year - are set to receive rises totalling 10.6% over three years.
Under the deal, 20-year-old workers will get adult pay but workers there not be paid overtime.
Some workers will be able to volunteer to work extra hours during peak periods at ordinary pay rates.
Union officials have played down the prospects of the Woolworths pay deal flowing through other parts of the retail sector.
Woolworths achieved a $1.8 billion net profit in 2009.
