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Old 9th Jun 2001, 17:59
  #10 (permalink)  
wonderbusdriver
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If you donīt factor in the change of base hours from 73 to 75, you get an average scale rise of ca. 14,5% (use 100% instead of 96,9% in my calculation).

Add to that two May 2001 monthly salaries (1/12 equals ca. 8,3%), you get another 16,6% in 2001.
BUT: this is only assured in 2001, since they made 1 billion Euros profit in 2000.
We get 1 monthly salary for every 500 mill. Euro profit in the year preceding, or certain fractions of that, in the future.
Max. can be 2 salaries, min. is 0 (zero) depending on company profits.
So this year itīs assured, but ?? loom ahead.
These payments are being called "performance-dependant-variable-parts of pay".

To answer your question about the "30%", add the 14,5% and 16,6%...

DLH was doing this in the media all along, and we were complaining about it.
Now VC is doing it... and many members are rather annoyed.
But a friend just told me, that these are accepted (by whom?)"rules" in "selling" these agreements. - Judge for yourself.

[This message has been edited by wonderbusdriver (edited 09 June 2001).]