KGHM management agrees for extra bonuses but under several conditions

APA - Austria Presse Agentur
opublikowano: 2006-06-21 15:13

Warsaw (Puls Biznesu) – The management of KGHM, Poland’s listed copper producer, has submitted their conditions to allow for the extra bonus for KGHM’s employees. The company would pay about PLN 90m (EUR 22.1m).

Warsaw (Puls Biznesu) – The management of KGHM, Poland’s listed copper producer, has submitted their conditions to allow for the extra bonus for KGHM’s employees. The company would pay about PLN 90m (EUR 22.1m). 

 

KGHM trade unions have time till Thursday to decide if they like the offer of the management. The latter agrees for bonuses paid out from the income generated this month (PLN 1.5 billion) if the staff give up some of their earlier demands. The management would like the employees to resign from one of their remuneration elements: funds to buy 8 tons of coal. Besides, the level of the fourteenth wage would depend on copper prices while the bonus – on the income.

 

To the head of the trade union of employees in Rudna, these conditions are unacceptable.

“We want a simple thing: we demand bonuses and we are not going to accept this ultimatum”, Piotr Trempala said.

Leszek Hajdacki, the deputy CEO of the association of the copper industry employees, said that his party would analyze the proposals and count if it is profitable. Last year, KGHM employees received their bonuses twice. They cost the company PLN 180m.

(PLN 1 = EUR 0.245)