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Δευτέρα, 04 Απριλίου 2016 12:22

Arbitration body decision cuts travel-tourism agency wages by 4.7%

A decision by a relevant independent arbitration body (OMED) has finalized a new labor agreement for employees in the tourism and travel office sector, with the highlights being a reduction in wages of 4.7 percent, in comparison to the last collective bargaining agreement of 2011.

A decision by a relevant independent arbitration body (OMED) has finalized a new labor agreement for employees in the tourism and travel office sector, with the highlights being a reduction in wages of 4.7 percent, in comparison to the last collective bargaining agreement of 2011.

The new, and reduced, wage scale will also retroactively be implemented as of April 1, 2015, and continue until March 31, 2017.

The arbitration body's decision also eliminates three holidays from the sector's employees – two religious holidays and a personal day off. A leave of absence for nuptials is reduced from 10 days to five, while a 5-percent bonus for cashiers is also abolished.