After several months of negotiations, the OGBL and LCGB recently reached agreement with Rotarex management on the renewal of the collective bargaining agreement (CBA) covering the company’s some 900 employees.

The agreement covers a three-year period, from January 1, 2023 (retroactive effect) to December 31, 2025, and contains a number of important improvements, including :

• The payment of a bonus for the company’s 100th anniversary (the amount of the bonus varies according to employees’ seniority with the company on May 1st 2023): 1,000 euros for seniority of at least 20 years, 800 euros for seniority of between 15 and 19 years, 600 euros for seniority of between 10 and 14 years, 400 euros for seniority of between 5 and 9 years, 250 euros for seniority of between 2 and 4 years, 150 euros for seniority of between 1 and 2 years, 100 euros for seniority of between 6 and 12 months and 50 euros for seniority of less than 6 months.
• Increases in performance-related bonuses and salaries of up to 1,000 euros per year per employee.
• An increase in the shift bonus of around 10 cents per hour to 0.45 euros/hour.
• The addition of 2 extra days of annual leave for all employees.
• An increase in the seniority bonus from 21 to 25 euros per year worked.

Communicated by the OGBL and the LCGB,
May 3, 2023