Netherlands: Philips wants to spread efficiency premiums

Through . Published on 21 November 2011 Ă  11h40 - Update on 21 November 2011 Ă  11h40

lips, wants to bring variable pay from 7 up to 12% of annual earnings for the group’s 14,000 employees in the Netherlands. Unions and the works council are currently discussing the new system.…

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