TNT to freeze wages of staffers for the next 2.5 years
Mail and package distributor TNT NV is to freeze wages for all staff for 2.5 years, and is also planning to have staff partly pay pension premium fees, news agency ANP reported late yesterday.
TNT’s management in the company’s internal magazine said that it will enter talks with labor unions concerning the plans.
The move is seen as necessary by the management due to fierce competition in the Dutch market, while TNT’s labor costs are higher than those of its competitors.
