Current Report (60/2015),
Orange Polska S.A. – Warsaw, Poland
2 December 2015
Pursuant to art. 56, clause 1, item 1 of the Law of 29 July 2005 on public offering and the conditions for introducing financial instruments to the organised trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539, with amendments), the Management Board of Orange Polska S.A. (“the Company” or “Orange Polska”) informs that it has concluded a settlement with Orange Polska and OCS trade unions.
Orange Polska and OCS signed Social Agreements with trade unions for 2016-2017, under which up to 2050 employees may benefit from voluntary departures
December 2, 2015: Orange Polska Management Board signed a new Social Agreement with the trade unions for 2016-2017, which will come in force from January 1, 2016. The Social Agreement concerns, amongst other, investment in friendly work environment, pay rises (2.5 % in 2016 and 2017), allowing employees unable to adjust their professional profile to changing market needs to leave the Group with compensation and outplacement support.
Between 2016 and 2017, up to 2050 employees of Orange Polska and Orange Customer Service sp. z o.o. (100% subsidiary) will be entitled to take advantage of the voluntary departure package, providing that their seniority reaches 10 years in the given calendar year. Moreover, the Parties signed separate settlements with trade unions, specifying that up to 730 employees of Orange Polska and 300 employees of Orange Customer Service may take advantage of the above mentioned package in 2016. The voluntary departure offer in Company is addressed to employees covered by the Corporate Collective Labour Agreement for Orange Polska.
The value of compensation package per departing employee will depend on their seniority in Group according to Corporate Collective Labour Agreement, and in 2016 it will be additionally enlarged (per employee) by PLN 5000 for employees with 10-15 years of seniority, PLN 10000 for employees between 15 and 20 years of seniority and PLN 26000 for employees with more than 20 years of seniority.
Orange Polska Management Board will conduct the appropriate analysis and the financial impact resulting from the above-mentioned agreement will be recorded in the accounts for the fourth quarter of 2015.