Chinese Cosco-managed Piraeus Port eyes new labor deal with workforce

The Cosco-managed Piraeus Port Authority, which manages Greece’s biggest and busiest port, has reportedly agreed, in principle, with union locals representing workers over a new general labor code, aimed at liberalizing the decades-old regime that existed at the facility under a state-run administration.

The new contract, which contains 21 articles, defines the rights and obligations of both sides, and fulfils the Chinese shipping giant’s oft-repeated intention of making the port of Piraeus more competitive and efficient through a more flexible work schedule, such as instituting a flat eight-hour shift with overtime paid thereafter. The port’s organizational chart is also revised and updated, while the manner in which individual work contracts are finished also changes.

Another new reform – at least as far as Greece’s cavernous public sector is concerned – is an evaluation report for workers and management.

Agreeing over a new labor code is considered as an imperative before the port authority’s new management and unions begin substantive negotiations over a new collective bargaining agreement, which has a September deadline for concluding.

One of the main points of the new work regime (article 13) refers to seven-day-a-week schedule at the port, with workers on a five-day alternating schedule. Weekends and holidays are not considered as eligible for overtime pay if a shift is part of a worker’s five-day schedule.

The sale of a majority stake of the Piraeus Port Authority, along with its management, was a landmark privatization in Greece during the last seven to eight years of economic crisis.

 Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: Nikolaos Diakidis License: CC-BY-SA

Photo Source:pixabay.com

Source: naftemporiki.gr

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