Estonia -Supervisory board refuses pay increase CEO -June 14, 2012

The supervisory board of the energy company Eesti Energia decided to reject a proposal to increase sharply the salary of its CEO. The proposal to increase the salary with €20,000 a month was rejected because the majority of the board said that the changes that had taken place in the company did not justify such a rapid increase in management board salaries.

English: http://www.baltic-course.com/eng/energy/?doc=58715

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.

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