On 04 March, Solvay signed an agreement with the company’s Solvay Global Forum (its global forum for social dialogue) over the 2016 budget and goals for the Global Performance Sharing Program. The program relies on economic targets as well as sustainable development targets. It is the second global program that the Belgian chemicals company has signed with its international social partners (for information on the first program c.f. article No. 9106).
The program’s budget for 2016 is €12 million that will be paid out when the targets are reached. “The members of the Solvay Global Forum are proud of the figures secured during the negotiation with the management,” said Albert Kruft, secretary of the EWC and a member of the Solvay Global Forum*. This plan “is not just ‘nice to have’. It is a real reward which recognizes the contribution of all employees worldwide and increases the sense of belonging to Solvay,” he continued. “Solvay is an...
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