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Newsletter June, 2022

UK: GMB Union and Deliveroo signed a Voluntary Partnership Agreement

June, 2022
  • Last May, GMB Union (General, Municipal, Boilermakers' and Allied Trade Union (GMBATU, than shortened to GMB), and Deliveroo have signed an historic union recognition deal covering the company's more than 90,000 self-employed riders.

Goldman Sachs gives executives unlimited vacation time

June, 2022
  • On 1 May 2022, Goldman Sachs introduced a new global “flexible vacation” scheme that allows partners and managing directors to take time off when needed, without a fixed vacation day entitlement.
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.

Social dialogue report 2022: collective bargaining for an inclusive, sustainable and resilient recovery (an ILO report)

April, 2022
  • On 5 May 2022, the International Labour Organisation (ILO) launched a new global report that highlights the role played by collective bargaining (CB) during the pandemic.
  • In the first of a series of flagship reports on Social Dialogue, it presents the role of CB in the  advancement of equality and inclusion.
Newsletter April, 2022

The Austrian Bitpanda company introduces an unlimited “Annual Leave” policy

April, 2022
  • Digital investment platform Bitpanda enhanced its benefits policy, aiming to offer freedom and flexibility to its employees.
  • Everyone will receive the same benefits, regardless of their role, level, or position.

Denmark: a tripartite agreement on sexual harassment in the workplace

April, 2022
  • The Danish Government and social partners have entered into a tripartite agreement on how to combat sexual harassment in the workplace.
  • It aims to encourage and support a cultural change on this relevant matter.
Newsletter March, 2022

India: e-commerce platform IndiaMart decided to pay on a weekly basis

March, 2022
  • It is the first Indian company that moved to a weekly salary regime, aiming to build a flexible and supportive working environment for its employees and to ensure them financial wellness.

Bangladesh: a new agreement to improve relations between factory management and workers

March, 2022
  • On 10 February 2022, the Bangladesh Garments Manufacturers and Exporters Association (BGMEA), German international cooperation enterprise (GIZ), and the Particip GmbH (Particip) signed a Memorandum of Understanding (MoU) to improve relations between factory management and workers in Bangladesh.

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