Wage formation process and local negotiations Sample Clauses

Wage formation process and local negotiations. Item 1 Knowledge of the conditions for wage formation exists within the individual company and is possessed by the company management, the trade-union repre- sentatives and the employees. The agreement is intended to ensure that the wage formation process will be implemented through cooperation between company management and trade-union representatives. The parties should endeavour to find ways to cooperate and negotiate that sup- port active local salary work which allows the parties to contribute their knowl- edge of the business. The parties should also endeavour to find ways to cooperate and negotiate that suit the company’s other business activities. This includes every salaried employee being informed of the grounds on which xxx- aries are determined and how salaried employees can achieve salary increases. The managers responsible for determining salaries should have the necessary knowl- edge of the wage formation process and local salary levels. This enables them to determine salaries that are acceptable to both the employer and the individual salaried employee.
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