Deal reached on public sector pay

The cabinet has reached agreement on pay deals for senior executives at 15 state-owned companies.


At four of these companies (which operate independently), such as the mint and the radioactive waste disposal company Covra, bosses will not earn more than the prime minister’s annual pay package of €176,000.
At other public sector companies, where competition is less of an issue and it is therefore easier to attract executives, a maximum of €350,000 will apply. This includes natural gas firm Gasunie and Holland Casino, the state-owned gambling monopoly.
There will also be a pay ceiling for companies which operate in a free market, such as Dutch Rail (NS) and Schiphol airport but the exact amount has not yet been agreed, the Financieele Dagblad reports.
In addition, finance minister Wouter Bos says pay rises for public sector bosses may only be in line with wages for the rest of the workforce.

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