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madamswer

7,936 Posts.

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17/04/15

12:46

Post #: 15105979
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Originally posted by T_G ↑

madamswer, I'd suggest that the model the SKE operates on would include employee entitlements in their charge rates, for the most part their workforce is casually employed so redundancies aren't applicable. Given the transient nature of labour hire employees they would probably settle most entitlements on a monthly basis like super. Not everyone in this sector is a diligent looking back to last year Bluestone went to the wall owing entitlements.

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Thanks, TG,

So to make sure I understand what you are saying, does that mean the entitlements - while SKE carries the ultimate liability for them - are fully provided for and covered in the charge rate?

Meaning the scope and propensity for these entitlements to torpedo SKE's earnings is negligible?

SKE Price at posting: $1.34 Sentiment: Buy Disclosure: Held
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0 Great analysis

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