French telecom giant, Orange said it has reached a new wage agreement with its workers union. The deal will see Orange paying more to its staff.
The company said the agreement was signed on 24 April by Orange S.A. and the CFDT and FO trade union organizations.
As disclosed by Orange, its budget for this agreement represents an average wage increase of 2.3%.
Orange said in particular, this agreement includes measures set out in the “recognition of employees’ skills and qualifications” agreement that was signed on 20 February 2017 through specific budgets designed to recognize the development of employees’ competencies and career paths. This will contribute to the development of competencies that will become necessary in the future.
It also includes reinforced wage increases for the first-level pay grades, as well as specific measures to promote professional equality and young people who have joined the company in recent years.
Jérôme Barré, Executive Director in charge of Human Resources at Orange, said: “I welcome the signing of this agreement, which allows us to concretely translate our promise as a digital and human employer by recognizing the individual and collective contribution of Orange employees to the efforts to adapt our business model in a particularly demanding environment”.