English to Italian Other Economics concessioni contrattuali

From a longer-term perspective, employment and competitiveness can only be secured by joint efforts to modernise work processes and train the workforce. Experience also indicates that the introduction of flexibility measures, such as working time accounts and schemes to "bank" hours are a feasible way for companies to synchronise the supply of labour with market demand. In the ***** manufacturing sector, trade unions and employer organisations reached a ground-breaking agreement on reductions in working time and pay cuts of up to 20%. The agreement, which has to be implemented through negotiations at company level, also allows for customised solutions to training measures for workers working shorter hours.