Reuters: World News: Italy's PM Monti concedes to unions, ally on labor

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Italy's PM Monti concedes to unions, ally on labor Apr 4th 2012, 16:01 Tweet Share this Email Print Related News Apple, Foxconn set new standard for Chinese workers Fri, Mar 30 2012 Angry Spaniards strike against labor reform Thu, Mar 29 2012 Italy won't rush disputed labor reform Fri, Mar 23 2012 UPDATE 2-Italy's Monti runs into trouble over labour reform Thu, Mar 22 2012 UPDATE 4-Italian union calls strike over Monti's job reforms Wed, Mar 21 2012 Analysis & Opinion Today in the euro zone – The euro zone today – strikes, reform and recession Italy's Prime Minister Mario Monti gestures during a news conference in Rome April 4, 2012. Credit: Reuters/Alessandro Bianchi ROME | Wed Apr 4, 2012 12:01pm EDT ROME (Reuters) - Italian Prime Minister Mario Monti on Wednesday made concessions to the country's biggest labor union and its key centre-left ally which had opposed labor reform plans that made it easier for companies to fire employees. Under changes to proposals presented to cabinet last month, the measure will allow a judge to order the reinstatement of workers laid off when the business reasons advanced for the dismissal are "manifestly inexistent". By contrast, the revised measures will also lower the maximum compensation payable to laid off workers to 24 months salary from a previous top limit of 27 months' salary. Last month Monti proposed allowing companies to fire workers for business reasons without foreseeing the possibility of reinstatement, drawing protests from the CGIL labor union and the Democratic Party (PD), which backs his government. "In cases where the economic motivations for firing are manifestly inexistent, a judge can decide to reinstate that worker," Labor Minister Elsa Fornero told reporters. Monti said the package would be sent to parliament on Wednesday. (Reporting By Steve Scherer) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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