Saint-Gobain Cristalera and unions to sign accord

Spain“s Saint-Gobain Cristalera is set to sign a collective contract with workforce representatives on 21 June 2005, bringing to an end a long negotiation process punctuated by several strikes. The a…

Spain“s Saint-Gobain Cristalera is set to sign a collective contract with workforce representatives on 21 June 2005, bringing to an end a long negotiation process punctuated by several strikes. The accord is backed by unions CCOO, UGT and USO, and will last until 2007. Included in the agreement are annual increases above the consumer price index, with revisions above the inflation rate forecast by the government. The accord maintains the relief contracts aimed at bringing younger people into the workforce. Workers aged between 60-65 years who are excluded from the workforce renewal plan are covered by an exit plan which pays 75% of the gross salary until retirement age; on retirement, they will receive pensions at the full rate. The contract also includes a results-based payment and a bonus for Saturday working.