The key points of the agreement were revealed the day before (see our dispatch No. 120054). It contains the commitment to major wage moderation, with wage increases which won’t exceed 0.5 percent in 2012 and 0.6 percent in 2013. In 2014, the bracket may range from 0.6 to 1.5 percent depending on how GDP evolved in 2013: if GDP grew by less than 1 percent, wage increases won’t exceed 0.6 percent. If GDP grows by 2 percent or more in 2013, wage increase won’t exceed 1.5 percent in 2014.
the commitment to add to sectoral or territorial collective agreements tools making internal flexibility easier for businesses. The agreement aims to facilitate functional mobility and working time arrangements and list conditions to ‘derogate’ from the collective agreement in case of economic difficulties. (Ref. 120059)
The key points of the agreement were revealed the day before (see our dispatch No. 120054). It contains the commitment to major wage moderation, with wage increases whic
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