KLM senior managers forgo controversial bonuses
| Authors | |
|---|---|
| Publication date | 2004 |
| Journal | EIROnline: European industrial relations observatory on-line |
| Number of pages | 1 |
| Organisations |
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| Abstract | In April 2004, the members of the management board of KLM waived bonuses offered to them in the run-up to the Dutch airline's merger with Air France, under pressure from trade unions and the government. During the current agreed national wage freeze, increases in senior management remuneration are controversial, with the VNO-NCW employers' organisation joining the unions in supporting top pay moderation and the government taking the first steps towards regulation. |
| Document type | Article |
| Published at | http://www.eiro.eurofound.eu.int/2004/05/inbrief/nl0405101n.html |
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