14 February 2012 17:38 [Source: ICIS news]
Union leader Michael Vassiliadis said 2011 had been a record year for
“We will make sure that employees will participate in the industry’s success,” and not just shareholders, Vassiliadis said.
However, chemical employers group BAVC said the union needed to be “realistic” in the collective bargaining talks, which are due to get underway in April.
“We need to reach a deal that reflects economic realities,” said BAVC general manager Wolfgang Goos.
“Those realities include a weakening in the economy, uncertainties because of the [eurozone] debt crisis and high volatility in chemical markets,” Goos said.
Hans-Carsten Hansen, who will lead the wage talks for BAVC, said that because of Germany’s “demographic challenge” fewer young people will join the workforce.
This means that current employees need to agree to retire later, and they need to be more flexible, Hansen said.
“Early retirement is a concept that no longer fits in with the realities of
About 30% of
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