NZ Holidays Act 2003 – Komatsu Remediation 2024
There has been significant media attention on compliance with the Holidays Act 2003, a complex legislation with varied interpretations and rules for different leave types. This nationwide issue has affected numerous organisations across various sectors, Komatsu NZ remains committed to regular audits of its payroll system and processes.
Previous Remediation, 2019:
In April 2019, Komatsu NZ initiated an audit of its payroll system and processes to ensure compliance with the Holidays Act. This audit, spanning from April 2019 back to April 2012, revealed discrepancies in leave payment calculations. Subsequently, Komatsu NZ implemented changes to how annual leave is calculated in its payroll system. Remediation payments were issued to affected current and former employees in July 2020.
Current Remediation, 2024:
Recently, an external audit by an external partner Integrity1 specifically related to payments for family violence, bereavement, alternative, parental, and sick leave (FBAPS). As a result, it was highlighted further issues in the configuration of the Payroll system which needed to be rectified. The payroll system has been adjusted to rectify these issues and effective from 1 October 2024 the system should be behaving as expected.
From July 2020 onwards, Komatsu NZ has recalculated holiday and leave payments for all affected employees, ensuring compliance with the Holidays Act. Adjustments have been made to correct any previous underpayments or overpayments.
Eligibility for back payments varies based on factors such as length of employment, leave taken, timing, commissions, bonuses, and working patterns. While some employees may receive back payments, others may not see any changes. Overpayments, where identified, have also been corrected without requiring repayment.
We now want to contact all former employees of Komatsu NZ who worked with the company since 1 July 2020.
Holidays Act payment webform
If you're a former Komatsu employee (employed between July 2020 and October 2024) and want to enquire about your remediation payment, please complete the webform with your details and submit.
Your information will be sent directly to our Payments Team. They'll contact you using the details provided, to confirm whether a payment is owed to you.
Privacy Disclaimer:
By providing your personal information via this webform, you consent to Komatsu using that information in relation to monies owed to individuals under the Holidays Act 2003. We will not use or disclose personal information collected in this process for any other purpose, and any personal information provided to us will be treated in accordance with the Privacy Act.