Mining behemoth BHP claims it underpaid employees for 13 years.

An investigation by the company revealed that some 28,500 workers were denied the full amount of vacation time they were entitled to.

400 employees, however, were not given additional benefits "due to an error with the employment entity."

BHP claims it has informed the appropriate authorities about the event and that the inaccuracies might cost it up to $280 million (£225 million) before taxes.

The business discovered that several impacted workers had their leave improperly taken away on Australian national holidays. As a result, they were each due an average of six days of leave.

We apologise to any current or past workers who were harmed by these mistakes. The standards we anticipate at BHP are not met by this, according to Geraldine Slattery, president of BHP Australia.

She continued, "We are interested in resolving and remediating these concerns as soon as we can.

The company also disclosed that a review of its payroll processes had been ordered. In addition, it stated that on its August conference call for the entire fiscal year, it will give an update on its investigations.

The largest miner in the world is BHP, which has its headquarters in Melbourne.

BHP also has approximately 80,000 employees and contract workers. Including sites such as the Escondida mine in Chile, which is known to be the biggest copper mine globally.

The company's shares were also listed in Australia, and for around ten years it was a component of the blue-chip FTSE 100 index in the UK.

The company removed its shares from the London market in January 2022 as a result of investor demand to streamline its corporate structure.

The decision's advocates contended that it would make it simpler for BHP to obtain capital, close transactions, and distribute profits to shareholders.

(Sources: bbc.co.uk)