EDF, the French state-controlled energy company, is preparing for a battle with trade unions as it tries to cut back long held privileges and generous pay for executives and managers.
The company hope to buy staff out of a deal dating back to 1946 which allows around 30,000 top level staff to work 32 hours a week or around 196 days a year.
According to state auditors, the Cour des Comptes, salaries at the energy firm have risen rapidly, above inflation with little relation to the performance of staff.
Employees also enjoy a number of other perks described as “exorbitant for the public purse”, including low-cost electricity, cheap loans, 27 days holiday, a further 27-31 days of time off in ‘recuperation days’, bonuses for marriages and births, subsidised housing as well as financial help with children’s school and university fees.
Continue reading for FREE!
Sign up for a myGrapevine account to get:
- Unlimited access to News content
- The latest Features, Columns & Opinions
- A full range of specialist HR newsletters to choose from
UK
United States

