Programmed Maintenance

Last updated

Programmed Maintenance Services Limited
Company type Subsidiary
Industry Labour hire, Human Resources
Founded1951
FounderNorman Miles
Headquarters Melbourne, Victoria
Number of employees
Approximately 20,000
Parent Persol Holdings
Website programmed.com.au

Programmed Maintenance Services Limited, also known as Programmed is a Japanese Labour hire and Recruitment company, specialising in blue-collar services. [1] It is headquartered in Melbourne, Australia. Programmed is a wholly owned subsidiary of Persol Holdings, a human resource conglomerate headquartered in Tokyo. [2]

Contents

Corporate history

Programmed Maintenance Services originated as a business named 'Miles Paint Service' in 1951. It was founded as an Australian company, headquartered in Perth. [1]

In 1999, Programmed was listed on the Australian Securities Exchange (ASX) under the ticker (PRG).

In 2015, Programmed acquired Skilled Group, for $650M. [3] The acquisition resulted in financial troubles for the company. [1]

Programmed was acquired by Persol Holdings (Japan's largest labour hire corporation), in 2017 for $778M. [1] [2] Following this acquisition, Programmed was delisted from the ASX. [4]

Controversies

Carlton & United Breweries dispute

In 2016, a major industrial dispute arose at Carlton & United Breweries' (CUB) Abbotsford plant, after workers at the facility were told that their de jure employer would become a subsidiary of Programmed. [5] This resulted in a strike after it was proposed that applicable enterprise bargaining agreement at the workplace would have a significantly lower rate than previously; with a wage only 50 cents above the applicable Industrial award. [6]

The controversy heightened when it was realized that the agreement had been established in 2014, by a subsidiary of Programmed named Catalyst Services; and was voted upon by just three casual workers at the time. [6]

Most of the workers at the facility refused to sign onto their new employment contracts under those conditions, and began a picketing campaign that lasted 6 months. [6] In December 2016, an agreement was reached between the Electrical Trades Union of Australia and CUB resolving the dispute. [6]

Sponsorships

In 2009, Programmed became a major sponsor of Fremantle Football Club, being featured on the teams Away Guernseys. [7]

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References

  1. 1 2 3 4 "Programmed Maintenance shares soar on $778m takeover bid". www.abc.net.au. 14 July 2017. Retrieved 24 July 2020.
  2. 1 2 "Japan's Persol snaps up Programmed Maintenance Services in $778m takeover deal". Australian Financial Review. 14 July 2017. Retrieved 24 July 2020.
  3. "With Skilled Group buy, patience pays off for Programmed Maintenance". Australian Financial Review. 24 June 2015. Retrieved 24 July 2020.
  4. "Programmed ASX Archive". programmed.com.au. Retrieved 24 July 2020.
  5. "Brewery worker agreement was voted on by three casuals". www.abc.net.au. 25 August 2016. Retrieved 24 July 2020.
  6. 1 2 3 4 "Call to end CUB beer and cider boycott after deal struck". www.abc.net.au. 7 December 2016. Retrieved 24 July 2020.
  7. Wildie, Tom (10 May 2018). "Fremantle Dockers sponsors issue please explain notice as second club complaint confirmed". ABC News. Retrieved 28 July 2020.