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NXP staff strike for more pay

March 03, 2014 | Peter Clarke | 222906186
NXP staff strike for more pay More than 450 employees at NXP Semiconductors wafer fab in Nijmegen, The Netherlands, have held a two-hour strike in protest at stalled wage negotiations, on Tuesday Feb. 25, according to local reports.

The workers are demanding a 4.5 percent pay rise – a 3 percent increase in purchasing power above annual inflation – to come into force in April 2013 and last for two years. Further action is planned for March 12, one report said.

NXP management has refused to go higher than 2.25 percent, according to Bits and Chip, a Dutch electronics publication. In addition, the unions want the bonuses for low and middle income be eliminated because they are not paid in practice and for the money to be re-applied as a structural wage increase.

NXP reported a net income of $348 million on sales revenue of $4,678 million for the 2013 financial year, which matches the calendar year.

An NXP spokesperson said the company was committed to responsible salary increases at the level of 2.25 percent in 2014 together with a small increase in pension contributions together with a similar increase in 2015. The spokesperson said NXP was hoping to resume negotiations with Dutch workforce representatives in the next few days or weeks.

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Bits and Chips article

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