Breaking News

24 new Covid cases on 15 Jan. brings total to 1,169: 24 hospitalised: 15 resident + 9 in ICU: 6 resident, 124 home monitored, 962 recoveries, 8 deaths

Government steps in to negotiations

Government steps in to negotiations

By Stephanie Horsman - December 22, 2020

Government Ministers Jean Castellini and Didier Gamerdinger have met the inter-union representatives of the Société des Bains de Mer to discuss the overall restructuring plan that the company is putting into place as protests continue among workers.

A meeting held on Friday 18th December between those representing the workers of the Société des Bains de Mer (SBM) and the government took stock of the current ongoing negotiations between the company’s management and their employees about how to move forward in light of the financial difficulties the company is facing.

The government has made clear its willingness to assist in any way possible to ensure fair deal and is “listening to the parties involved in the negotiations.”

The restructuring announced by SBM President Jean-Luc Biamonti and dubbed a “social plan” on 2ndOctober on behalf of the SBM Group, is based on three notions. These are: a voluntary departure plan open to all employees over the age of 57 on the condition of non-replacement, a redundancy programme targeted at certain departments due to overstaffing or for reorganisation purposes in order to restore competitiveness, and the renegotiation of certain agreements or practices within the SBM Group.

The plan has been met with some resistance by the employees and negotiations are at a virtual standstill, hence the government offer to step in.

Earlier this month, on 11th December, some 500 SBM staffers met in front of the Casino de Monte-Carlo in a silent protest to make a point about their willingness to fight for jobs and their rights.

Then on Monday 21st December at midday, some of the employees of Le Café de Paris gathered outside on the Place du Casino, criticising the conditions of the proposed plan, specifically against the management’s voluntary departure scheme. Another strike is planned for Tuesday 22nd December, at the same time and place.

The company furloughed almost 90% of their employees back in mid-March as they saw the worst monthly loss in their 150-year history with a 92% drop in turnover.

 

Photo source: Government Communication’s Department

 

 

shares
SHARE
Previous articleMonaco-Luxembourg cooperation
Next articleMonegasque tradition: Pan de Natale

daily

January 15, 2021 | Business & Finance

What will the EU’s recovery look like?

Stephanie Horsman

The European Union is about to roll out its biggest stimulus package ever seen as focus turns from Covid testing and vaccination to economic recovery.

0
January 14, 2021 | Business & Finance

How many workers in Monaco are female?

Stephanie Horsman

Women made up 41% of the workforce in large companies in 2019 and the majority were French. These are just some of the findings to come out of the latest report by IMSEE.

0
January 14, 2021 | Business & Finance

Sportel cancelled

Stephanie Horsman

As a resurgence of the Covid pandemic brings continued uncertainty for the coming months, organisers of Sportel Winter have given up trying to pursue their February event at the Grimaldi Forum.

0
January 12, 2021 | Business & Finance

What is the Blue Fund?

Cassandra Tanti

Businesses looking for a digital overhaul will have up to 70% of the project paid for by the government in a recovery package designed to help companies reach their digital potential.

0