Netherlands: friendly agreement on bonuses in the finance sector

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1 April 2009 à 11h21

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2 minutes

Publication: 1 April 2009 à 11h21

Reading time: 2 minutes

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Publication

1 April 2009 à 11h21

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2 minutes

Publication: 1 April 2009 à 11h21

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or Minister for Finance, concluded a friendly agreement with bankers, insurers and pension funds on remuneration policy. (Ref. 090360)

During this informal meeting, it was agreed that the wages of managers of finance companies would not increase faster than those of ordinary employees until the end of the crisis. The financial sector promised to stick to a moderate wage policy, and the government demanded the same effort from unions and all employees. Besides, bankers committed to stop...

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