Bridgestone will grant a $1.2 million bonus to its workers

Bridgestone will grant a .2 million bonus to its workers

“It is a constitutional right and an anti-inflationary distribution tool that promotes investment,” said trade union leader Pedro Wasiejko, head of the Federation of Energy, Industry, Services and Allied Workers (Fetia).

The bridgestone tire company will pay for the seventh consecutive time a bonus of 1,225,000 pesos per worker as “profit sharing”, reported today the union leader Peter Wasiejko.

“It is a constitutional right and an anti-inflationary distribution tool that promotes investment”said Wasiejko, head of the Federation of Energy, Industry, Services and Related Workers (Fetia) and president of Astilleros Río Santiago.

In a statement Wasiejko explained that Bridgestone will pay each worker for the seventh consecutive time a bonus for “profit sharing” of 1,225,000 pesos, which has been in force since 2006, when that clause was incorporated into the agreement.

The leader was then head of the Single Union of Argentine Tire Workers (Sutna) and managed to incorporate that clause after negotiating it since the 2001 crisis.

“It is necessary to promote this type of initiatives to guarantee the recovery of the income of wage earners, which is provided for in the National Constitution,” said.

The clause determined that any profit that exceeds 6 percent of net income tax-free must be distributed among workers and allocate it, with the same percentage, to market development and investment in equipment in the country.

“If you want to live in a democratic society, you have to advance in the democratization of the workplace and, the participation of employees in profits, is a way of doing it within companies,” concluded Wasiejko.

Source: Ambito

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