Company
Solvay
Date of signature
April 2021
Signatories
CEO, Coordinator of Solvay Global Forum
Key objectives
"The objectives of this program are two-fold: to provide a motivational element that recognizes employees' contributions by involving them in thee Group's results at global level, thereby strengthening their sense of belonging to the Solvay Group"
Duration
not defined
Applicable law
not defined
Implementation and dissemination
"The 2020 bonus shall be paid by April 30, 2021 at the latest"
Review and monitoring
"Following this agreement, the parties shall conduct an assessment so as to decide whether or not the agreement should be renewed".
Dispute settlement and sanctions
not defined
Related texts
Group’s practices for Subcontracting (1999)
Charter on sustainable development and corporate social responsibility (1999)
Guidelines on Social Policy in Joint Ventures (2003),
Group' practices on health and safety of the personnel (2002)
Global Agreements on the Solvay Global Performance Sharing Plan (2015, 2016, 2017, 2018, 2019), Global framework agreement on corporate social responsibility between Solvay and IndustriALL Global Union ( 2013)
Global agreement on minimum level of protection for Solvay Group employees in terms of welfare and healthcare (2020), Charter on the recognition of trade union and employee representative experience (2018)
Main topic
profit sharing