Union furious at DSM boss pay rise
Friday 06 March 2009
The FNV manufacturing union has reacted furiously to the 130% pay rise awarded to DSM CEP Feike Sijbesma last year.
Sijbesma’s pay package rose through a combination of a 13% salary increase, options and a higher bonus. ‘The option plan must go and the salary must be reduced. Otherwise we are going to ask for a 3.5% rise,’ said union official Henk van Rees in the Volkskrant.
Union members had been willing to accept a low pay rise in return for job guarantees, the paper said.
© DutchNews.nl
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Thursday: Sunny everywhere but high cloud will hide the sun at times. Max 15º. Rain on Friday
Sounds like the familiar story. "Do as I say, not Do as I do". In other words, everyone has to economize, except the people at the top.
By Keith Beker | March 8, 2009 8:52 AM