Industrial Relations and Labour Law

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Newsletter April, 2023

Veronesi Group: renewal of the second-level integrative contract

April, 2023
  • Veronesi Group renewed the second-level integrative contract for 2023-2025 for about 5,500 people working at the AIA poultry sites.
  • The agreement was signed with the poultry coordination represented by the confederal unions of Veneto
Newsletter May, 2022

Mastercard: a new compensation model that includes the achievement of ESG goals

May, 2022
  • Since 2022, achieving company’s ESG (Environmental, Social and Corporate-Governance) goals will now factor into bonus calculations for all employees at Mastercard.
  • Incentive pay will be in part tied to progress towards the company’s ESG priority areas of carbon neutrality, financial inclusion, and gender pay parity.
Newsletter November, 2020

Canada: Supreme Court decision requires employers to draft their incentive plans with an exceptional clarity

November, 2020
  • This case requires employment contracts and/or bonus plans to be extremely clear when it comes to employees’ participation in bonus plans.  
  • This has important repercussions for employers and requires an in-depth analysis on employment contracts.

Argentina: Social partners signed a collective agreement for an extraordinary and temporary bonus in the metallurgical sector

November, 2020
  • The bonus is not part of the salary.
  • Social peace must be ensured during the duration of the agreement.

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