Bayer MaterialScience to curtail worktime by 6.7% with corresponding pay adjustment

Bayer MaterialScience, a part of Bayer Group will implement a temporary 6.7% reduction in worktime from 37.5 hours to 35 hours per week with corresponding reductions in salaries for non-managerial employees from Feb 9, 2009 in order to combat the effects of financial crisis. The program worked out jointly by the Central Works Council, the IG BCE and the management will initially apply for nine months. Irrespective of this, the collectively agreed pay rise of 3.3 percent scheduled for April 2009 will be implemented as planned. Accordingly, the managerial employees of Bayer MaterialScience will also be affected by the cuts by the way of temporary postponement of pay rises. Similar measures have already been taken or are planned for the Bayer MaterialScience sites abroad. Bayer MaterialScience has a global workforce of around 15,200 people, of whom some 5,500 work in Germany. "Our goal is to master this difficult situation through our own efforts. All employees should make an appropriate contribution," said Dr. Tony Van Osselaer, Labor Director at Bayer MaterialScience AG.
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