Meat packer Danish Crown and trade union representatives put forward an agreement that would see slaughterhouse workers accept pay cuts in exchange for the company investing an equal amount in domestic pig farming in order to promote increased production. Labour market experts call the pending agreement that would take a pay cut in exchange for the employer investing in the company a precedent that could become common practice among businesses seeking a way to deal with high wages and low productivity.
English: http://cphpost.dk/business/pay-cut-deal-could-set-precedent
http://cphpost.dk/business/political-praise-pay-cut
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. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.