Home » Industrial relations » National industrial relations » France: signature of a competitiveness and performance agreement at Valeo in order to preserve its activities in France France: signature of a competitiveness and performance agreement at Valeo in order to preserve its activities in France ‘Paris, September 30, 2020 – faced with an automotive sector severely impacted by the crisis caused by the pandemic Valeo announces that today, Wednesday, September 30, 2020, it has signed a majority agreement for competitiveness and collective performance with French unions CFE-CGC and FO.’ The Agreement for Competitiveness and Collective Performance, will reduce payroll costs and preserve the competitiveness of the Group’s French operations, with no impact on jobs. Through . Published on 30 September 2020 à 16h21 - Update on 30 September 2020 à 16h21 Resources The agreement was signed by both majority unions, the CFE-CGC and FO, (i.e. neither the CGT nor the CFDT). The collective performance agreement provides for an increase in daily working time from 215 to 218 days, eliminates two leave days for senior managers as a sign of support for the efforts being required of all,… Managing the fallout of Covid-19 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.PhoneThis 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