Home » Industrial relations » Transnational industrial relations » EU: the European Trade Union Confederation is calling on companies to refrain from shareholder dividend payments during the coronavirus pandemic EU: the European Trade Union Confederation is calling on companies to refrain from shareholder dividend payments during the coronavirus pandemic ‘Trade unions are calling on banks and big business to do their bit to overcome the economic consequences of the coronavirus crisis by suspending dividends payments and share buybacks,’ declared the ETUC in a press statement on 30 March. The same day French Ministers for the Economy and Labor warned that the State would not put up with a situation that saw companies accepting financial support whilst maintaining their shareholder remuneration policy intact. Through . Published on 31 March 2020 à 16h27 - Update on 31 March 2020 à 16h27 Resources ‘Most companies would normally be set to pay out dividends shortly and shareholders are forecast to receive a record €359bn in dividends this year – an increase of €12 billion on the previous year,’ the ETUC press statement explained before continuing,… 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.CommentsThis 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
