Italy: new “Productivity Pact” formally adopted, but not by the CGIL

As expected, the "Productivity Pact" is the result of a separate agreement. Yesterday, in Rome, the government and the social partners, except for the CGIL, signed the agreement on "Guidelines for Enhanced Productivity and Competitiveness in Italy" requested by Mario Monti, who only accepted to give EUR 2.1 billion for the exemption of productivity-based pay in 2013-15 if the agreement were signed. The government says this agreement is an "important step towards reviving the economy, the protection of workers' rights and social wellbeing." However, CGIL leader Susanna Camusso said that the agreement was "simply in line with the government's policy, making workers bear the costs and decisions made to get out of the crisis." She wanted to keep negotiating pay, democracy and conventional standards. (Ref. 120686)
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Abi, Ania, Confindustria, Lega Cooperative and Rete imprese Italia for employers and Cisl, Uil and UGL for unions signed the “Productivity Pact negotiated last week (see our dispatch No. 120674).

Buying power isn’t protected. The CGIL claims that national collective agreements should protect buying power by increasing minimum wage equally for all the workers concerned. On the other hand, local collective agreements (which currently only cover 30 percent of employees) should add productivity-r

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