Government-controlled companies will have top salaries capped at the same level as the head of the top court as part of the government's promise to cut back spending without further hurting the economy. Chief executives at companies, including the Motorway agency ANAS and RAI state television, will see their pay capped at €311,000 a year, when the decree comes into force on 1 April. However, public companies floated on the stock exchange or that raise debt through bonds, will be exempt from the rule, leaving out major groups like oil giant ENI, transport group Finmeccanica and the national post office.
English: http://www.thelocal.it/20140329/italy-to-cap-top-salaries-at-public-companies
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A social plan has been signed for the planned dismissal of 150 workers at the Banque LBLux SA. In a joint press statement the trade unions revealed that negotiations for the social plan had been ongoing since March 13. They concluded with the signing of a social plan, which includes a variety of social and financial measures to help the staff affected. Among the measures, will be a budget for training and placements and compensation related to employees' age and seniority within the bank.
English: http://www.wort.lu/en/view/150-luxembourg-staff-laid-off-at-banque-lblux-sa ...
According to preliminary estimations of the Statistical Service, the average gross monthly earnings of employees during the fourth quarter of 2013 amounted to €2.243 (males €2.425 and females €2.037). In comparison with the fourth quarter of 2012, a decrease of 2.6% was recorded in the average monthly earnings of employees (males -3.1% and females -1.8%). In comparison with the third quarter of 2013 (seasonally adjusted data) there was a decrease of 0.8% (males -0.9% and females -0.6%).
English: http://www.mof.gov.cy/mof/cystat/statistics.nsf ...
A demonstration by education workers on 28 February was violently dispersed by police forces. The protesters, who mobilised while the Greek government was in meetings with Troika negotiators, are objected to plans to dismiss 12,500 education workers by 22 March. More demonstrations and protests have been announced for March.
English: http://www.world-psi.org/en/greece-adedy-organises-protest-strikes-against-draft-law
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Eastern Europeans workers are not using the welfare system as much as Danes and people with other nationality backgrounds, according to an analysis from the employers' organisation Dansk Arbejdsgiverforening. Residents from the new EU countries in eastern Europe are only paid an average of 4,550 euro a year in welfare benefits, such as unemployment support, state education grants (SU), housing assistance and child benefits. This is 1,600 euro less than the average for a Danish citizen. In general, a smaller proportion of newly immigrated foreigners are on social support.
English: http://cphpost.dk/news/new-eu-citizens-use-welfare-less-than-others ...
The cost of employing workers has barely increased at all since 2008, whereas throughout Europe wage costs are up 10% since the recession kicked in. Eurostat figures show that Ireland is now close to the Eurozone average for labour costs and behind high-wage countries such as Denmark, Belgium and France.
English: http://www.independent.ie/business/small-business/now-our-wages-are-no-higher ...
According to a TUC analysis that coincides with the beginning of the TUC's first Fair Pay Fortnight wage inequality has soared across the country over the last 13 years. The figures are based on full-time earnings from the Annual Survey of Hours and Earnings (ASHE). It is shown that that between 2000 (when the data were first collected) and 2013 the pay gap between the top 10% and the bottom 10% of earners in London rose by 14%. This is far higher than the national average rise in the pay gap of 5% over the same period. A similar picture emerges in the South East and other regions.
English: http://www.theguardian.com/politics/2014/mar/24/tuc-living-wage-pay-inequality
http://www.tuc.org.uk/economic-issues/britain-needs-pay-rise/pay-inequality-has-soared ...
Focus on the Fair Pay Fortnight: http://www.tuc.org.uk/events/fair-pay-fortnight
All 316 employees of a thermal power station in the city of Varna are on strike, demanding an end to the uncertainty related to the future of the plant. The plant has been off for 10 days, and trade-union representatives suggest it could be long before it re-opens. It even could face a potential shutdown if investments are not made by the end of the year.
English: http://www.novinite.com/articles/159311/
The Constitutional Court ruled the so-called Florange-Act, a law adopted by the parliament earlier in 2014 (see the February Newsletter) that was meant to introduce tough penalties on firms who shut down without looking for a buyer, as being contrary to the freedom to conduct business and to the right to property. In its constitutional review, the Council does not discredit the obligation to look for a buyer and also the responsibility of the lawmaker for defining rules in this regard is not touched upon. The Court has problems with the impact to the company's economic choices and the proportionality of the sanctions. The employers' power and freedom of assessment have to be respected. This forces the legislator to redraft the act.
English: http://www.jdsupra.com/legalnews/french-constitutional-court-rules ...
French: http://www.conseil-constitutionnel.fr/conseil-constitutionnel/francais/les-decisions ...
Focus on the Act: http://hsfnotes.com/employment/2014/03/04/france-loi-florange ...
The latest episodes of several popular series are piling up in Spanish TV studios, as a strike by voiceover actors enters its third week. Most foreign shows are dubbed on television, and the strike by 250 actors has delayed the broadcast of new episodes, leaving major networks showing reruns. They have been working to secure a new collective agreement since labour reforms in 2012.
English: http://news.gnom.es/news/spanish-voiceovers-strike ...