Home » Industrial relations » National industrial relations » Italy: separate agreement that renews a collective agreement for both Fiat Chrysler Automobiles (FCA) and CNH Industrial Italy: separate agreement that renews a collective agreement for both Fiat Chrysler Automobiles (FCA) and CNH Industrial Following 9 months of negotiations, both FCA and CNH Industrial concluded a separate agreement to renew a collective agreement that runs from 2015 – 2018 and applies to 85,000 employees. It includes a new performance based compensation scheme with bonus entitlements of over 7,000 €, new rules on working hours and a new system for industrial relations. The Fiom-CGIL union did not participate in negotiations and has criticized the agreement from all fronts. Through . Published on 09 July 2015 à 10h16 - Update on 09 July 2015 à 10h16 Resources The agreement was signed with the Fim-Cisl, Uilm-Uil, Fismic, UGL metalmeccanci, and Associazione Quadri unions. New compensation system. To avoid near zero inflation related wage rises (inflation rates being very low) the social partners have put a new compensation system in place that is based on two bonus types: one is an annual company efficiency bonus and the other is a four year profitability bonus.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.NameThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
