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Working more in order to preserve jobs? Works councils in the Swiss mechanical and electrical engineering industry and the ‘Swiss franc shock’ in 2015
Author(s) -
Ziltener Patrick,
Gabathuler Heinz
Publication year - 2018
Publication title -
industrial relations journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.525
H-Index - 3
eISSN - 1468-2338
pISSN - 0019-8692
DOI - 10.1111/irj.12236
Subject(s) - negotiation , collective bargaining , bargaining power , order (exchange) , derogation , currency , power (physics) , collective agreement , business , economics , law and economics , industrial organization , law , political science , market economy , finance , macroeconomics , physics , quantum mechanics
The Collective Agreement in the Swiss metalworking industry contains a derogation clause widely applied after the appreciation of the Swiss currency in 2015. Management and works council can conclude agreements on a temporary extension of standard working time. This may be a bargaining chip for employees, if works councils are aware about and make use of their negotiating power.