Departing chairman will need to abide by noncompete clause to receive entire package which could increase support for next month's sayonpay referendum in Switzerland.
Posted: July 23rd, 2012 | Company/topic: Merck
Website: News
Geneva officials are backing Merck Serono workers' bid for better severance pay after the Unia union rejected the company's proposed compromise. Serono's Geneva headquarters is slated for shutdow…
The Geneva Chamber for Collective Labor Relations wants Geneva Merck Serono workers to get a bigger severance. The chamber proposes workers get 1.25 months salary per every year with the company, whic…
First, Pfizer recently told employees that severance packages would be reduced as of mid-May. Now, the big drugmaker plans to eliminate its defined benefit pension plan as of 2018 and will direct empl…
