TNT Post is experiencing an annual volume decrease of around 6%, making far-reaching restructuring of the postal operations in the Netherlands a necessity. The starting point for the negotiations was the outcome of the referendum held by the trade unions whereby the union members favoured income above job retention. In the in-principle agreement and social plan now reached a good balance has been achieved between these two factors. The new social plan will apply until 31 December 2012.
The social plan focuses on stimulating voluntary redundancy, with an additional financial incentive for employees aged 50 years and older. Arrangements for compulsory redundancy centre on the size of the severance payout on termination of employment. This is based on the old “subdistrict court formula” with an adjustment factor of 0.8 and a mediation period of up to 12 months. Severance pay will be gradually reduced on the basis of a formula as the mediation period progresses. A special arrangement will apply to employees aged between 55 and 58 years. Those born before 1 January 1952 may be declared supernumerary but will not be dismissed. This social plan will enable TNT to mitigate the effects of the far-reaching reorganisations in a socially responsible way. The new CLA and the social plan form a key part of the previously announced Master Plans through which TNT Post will achieve annual savings of 395 million euros from 2015.
The trade unions will present the CLA and the social plan to their members, advising them to accept the agreement. The result of the member consultation will be known in mid-March.
In case of any discrepancy between this press release and the original Dutch version, the Dutch version will prevail.
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and continues to optimise the performance of its networks. TNT serves more than 200 countries and employs some 160,000 people. Over 2009, TNT reported €10.4 billion in revenues and an operating income of €648 million. TNT is publicly listed on the stock exchange of Amsterdam. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised: in 2010, TNT was again designated the “Supersector Leader” for “Industrial Goods and Services” (including the “Industrial Transportation” sector) in the Dow Jones Sustainability Index (DJSI), More information about TNT can be found on its website http://group.tnt.com.
PostNL is the inventive partner in the world of sending and receiving. We have been so for 200 years already. We are primarily active in the fields of mail, parcels and e-commerce, but we also offer services in the areas of data and document management, direct marketing and fulfilment. Outside the Netherlands, we are active in Germany, the United Kingdom, Italy, Belgium and Luxemburg. PostNL employs a total of more than 59,000 people. In 2013 our revenues reached € 4.3 billion.
We like to stay ahead of things. We are the most modern postal company in the world. We are proud of that. As the first listed postal company, we are an example to the rest of the world in automatic letter sorting. And our innovative parcels network is completely adapted to the wishes of web retailers.