Common use of Social plan Clause in Contracts

Social plan. The banks are required to discuss the results of such measures with the em- ployees and the social partners. Substantial in-house negotiations on the social plan must be conducted with the employee representation body. In cases where no such body exists, the so- cial partners must be consulted. The same applies if the employees themselves wish to involve the social partner with immediate effect. Every effort should be made to conclude a social plan. In the event of major operational changes which will result in the loss of jobs, in particular in the case of mergers, management undertakes to enter into talks with the social partners with a view to preserving jobs on a transitional basis and minimising social and economic hardship.

Social plan. The banks are required to discuss the results of such measures meas- ures with the em- ployees employees and the social partners. Substantial in-house negotiations on the social plan must be conducted with the employee representation body. In cases where no such body exists, the so- cial social partners must be consultedcon- sulted. The same applies if the employees themselves wish to involve the social partner with immediate effect. Every effort should be made to conclude a social plan. In the event of major operational changes which will result in the loss of jobs, in particular in the case of mergers, management manage- ment undertakes to enter into talks with the social partners with a view to preserving jobs on a transitional basis and minimising mini- mising social and economic hardship.

Social plan. The banks are required to discuss the results of such measures with the em- ployees and the social partners. Substantial in-house negotiations on the social plan must be conducted with the employee representation body. In cases where no such body exists, the so- cial partners must be consulted. The same applies if the employees themselves wish to involve the social partner with immediate effect. Every effort should be made to conclude a social plan. Agreement on Conditions of Employment for Bank Employees_2014 In the event of major operational changes which will result in the loss of jobs, in particular in the case of mergers, management undertakes to enter into talks with the social partners with a view to preserving jobs on a transitional basis and minimising social and economic hardship.

Social plan. The banks are required to discuss the results of such measures with the em- ployees employ- ees and the social partners. Substantial in-house negotiations on the social plan must be conducted with the employee representation body. In cases where no such body exists, the so- cial social partners must be consulted. The same applies if the employees themselves wish to involve the social partner with immediate effect. Every effort should be made to conclude a social plan. Agreement on Conditions of Employment for Bank Employees (ACEBE) In the event of major operational changes which will result in the loss of jobs, in particular in the case of mergers, management undertakes to enter into talks with the social partners with a view to preserving jobs on a transitional basis and minimising social and economic hardship.