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CapGemini limits pay cut for older workers to 20%

Wednesday 20 February 2013

IT company CapGemini said on Wednesday it will limit the pay cut request to less-productive older workers to 20%, the Financieele Dagblad reports.

On Wednesday morning, the paper quoted union officials as saying most people had been asked to accept a pay cut of 20% to 30%.

A company spokesman told the paper this 'had been experienced as very severe' and a ceiling of 20% would now be imposed.

The company is attempting to cut the pay of around 400 staff members 'because there is a gap between what they earn and what they are capable of'. The measure has the support of the works council, the FD said.

Earlier stories
CapGemini wants pay cuts for older staff of up to 30%, says union


© DutchNews.nl


Readers' Comments

I am surprised. In America, the most productive are the older seasoned workers who also have the expertise and mentoring capability for those coming on board. Somehow I can't fathom how older workers in the Netherlands are less productive and expendable. Is the Dutch culture that different?

By roland | 20 February 2013 4:55 PM

The Dutch culture is different in that there is a built-in bias towards older workers, and older people in general. The old stereotypes persist (older people are sick more often, slower, unwilling to learn new things, etc). This is the reason the 50 Plus party is doing so well in the polls.

By Cal | 20 February 2013 6:14 PM

Shock headline. Government ministers and CEO's of Dutch company's come out in unity with the workforce by taking a '20% pay cut'! Quote from breaking news article 'we decided to show our sympathy with an electorate that has been screwed by the banking cartel and our consciences would not rest, we had to show our sympathy and empathy, for the persecuted older workers, too'. Reaction, a recent 'Morris the Dog poll', indicated that, the governments popularity has surged to unprecedented levels. To be contd...........

By Highlander | 21 February 2013 9:32 AM

the central statistics entity has identified that an unemployed 55 year old has no more than 15% chance of ever finding work again. Despite the rising pension age.
That any money invested in his group to help them find work is less than productive.
So the pay cuts are a soft touch on the insecure

By nd | 21 February 2013 10:25 AM

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