2012 | Collective Labour Agreement

CLIENT:
Shipyard Company

 

PRACTICE:  
Corporate Employment & Labour Law

 

PARTNER OF THE TEAM WHO LED THE ADVICE:
Anastasios Triantafyllos

Our client is part of a Group of Companies, which operates in the shipyard sector. We utilised the recent reform of the national labour laws and structured a Company Collective Labour Agreement with the Labour union of the company. The new Company Collective Labour Agreement reduces the average annual salary of each employee approximately 25%. The new Company Collective Labour Agreement was combined with new employment contracts for the employees, which provided further flexibility to the employer. We also acted as advisors to the company during the negotiations with the labour union. Since the new Company Collective Labour Agreement was in effect a 2.000.000 Euros total saving annually was succeeded.