Equalitarian agreement. Flexible end of career at Sandvik was introduced in 2003, but for workers aged 62 only. It took longer to set up the process for executives because the union’s young members were reluctant to pay for part-time with part of their remuneration. They accepted just before the signature of the 2007-2010 wage agreement, thus allowing executives to work part-time when they turn 62, as of January 1, 2008. Thus, working time reduction is paid for by 0.6% of executives’ wages and a similar amount by the company.
ives because the union’s young members were reluctant to pay for part-time with part of their remuneration. They accepted just before the signature of the 2007-2010 wage agreement, thus allowing executives to work part-time when they turn 62, as of January 1, 2008. Thus, working time reduction is paid for by 0.6% of executives’ wages and a similar amount by the company.
In 2008, because the measure was so successful (90% of employees concerned wanted to use it), the required age was lowered to
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