TPG and unions agree new collective labour agreement
TPG, the largest private sector employer in the Netherlands, and the negotiators for the trade unions ABVAKABO FNV, BVPP, CNV Publieke Zaak and VPP have reached an agreement on a new collective labour agreement.
This collective labour agreement has a term of one year (1 May 2004 through to 1 May 2005) and covers around 65,000 employees of TPG in the Netherlands. As part of the arrangements it was agreed that employees of TPG Post, TNT and TPG head office in the Netherlands will receive a payment of € 500 gross if the sick leave level will be lower than 4.6 percent. At the end of last year, this percentage had decreased to 5 %.
The trade unions will present the agreement to their members for approval with a positive advice.
With its two brands TNT and Royal TPG Post, TPG N.V. is a global provider of mail, express and logistics services. The group employs over 163,000 people in 64 countries and serves over 200 countries. For 2003 the company reported sales of € 11.9 billion. TPG N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.
