IBM GSA – Employment Agency Fraud

IBM-GSA (a Telstra /Lend Lease Joint venture) is involved in a large scale monetary fraud together with its suppliers i.e. the labour hire agencies. These agencies are some of the larger employment firms in Australia.

The primary objective for any employment agency, like in any business, is to create profit. This is achieved by selling a resource with a profit margin. To distance themselves from the human element of the trade, agencies commonly refer to people as resources. The resource has to be a sellable commodity otherwise profit cannot be generated by the agency. The recruiter is not concerned by the need for employment of an individual, rather a profit margin dictated by the agency.

IBM-GSA has fraudulently underpaid it workers through the agencies. This procedure has been detailed and passed on to one of Australia’s largest law firms, Slater and Gordon, that specialises in rights of the disadvantaged worker. A response was given as a positive, that the matter falls within the definitions of Corporate fraud. This as it is a practice that is still occurring to this day.

The firm was then asked when it could start a class action law suit against the companies involved, the response given was that they are too busy, it is not financially viable for them, and that the prospective litigant would have to undertake the matter of their own financial accord.

Australia’s Anglo-Masonic court system dictates the success of any court matter brought forward. It is not in the interest of many corporations to have this matter made public, let alone the commencement of a class action law suit, from an individual who is not of the Anglo-Masonic background.

In a similar matter, an individual, who rounded down the cents of employee’s pays, was discovered, and convicted. In the example mentioned above, the figure is far greater than that of the convicted individual.