The French group Suez signed, on July 3, a group agreement with its EWC, the European Federation Public Service Unions (EPSU), Manager Europe (CEC) and the five French trade union organizations, about employees' relationship with the results. The agreement, with a global scope, was signed for three years. (Ref. 070625)
Presented as one of the “founding elements” of the “base of minimum social guaranties” required by staff representatives, the financial motivation device is linked to the group’s performances and its main characteristics are: 1° to be based on Suez group consolidated performance and not on the profits of each individual company making up the group. 2° That it is not replace existing remuneration or profit sharing schemes and should thus be additional to them. 3° To be allocated to each...
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