France's drugmakers raise wages over 2%
The French research-based drug industry association, the LEEM, has negotiated pay rises of 2.2% for the sector with four labor unions, the CFTC, CFDT, FO and the pharmaceutical sales representatives' union, the SNPADVM. Under the terms of the deal, the entry level wage for the industry will be 1,342.21 euros ($1,720) per month, maintaining a 1.6% differential with the minimum wage (SMIC).
The LEEM also announced that a further examination of pay scales will take place in the third quarter of 2009. However, the news follows recent forecasts of major job losses among sales representatives and the drug industry representative body is organizing re-training programs for affected staff.
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