The drivers of regional buses and trains are striking on Monday and Tuesday, bringing regional public transit to a stand still. The public transit in Amsterdam, Rotterdam and The Hague will run as usual, as these employees fall under a separate collective bargaining agreement. NS trains are also not affected.
The Netherlands had the sixth highest hourly wage in the European Union's business sector with an average of 38.80 euros last year. Denmark came in first place with 42,50 euros, according to European stats office Eurostat, ANP reports.
The public- and agricultural sectors are not included in these figures.
In addition to Denmark, employers in Belgium, Luxembourg, Sweden and France also spent more on their employees' wages than the Netherlands. Bulgaria had the lowest hourly wage at only 4.90 euros gross.
Rotterdam mayor Ahmed Aboutaleb is calling for a pay increase for the municipal councilors in the large Dutch cities.
Currently councilors in municipalities with 357,001 or more inhabitants receive around 2,300 euros gross. Aboutaleb wants this to increase to 2,800 euros gross, Het Parool reports.
"Officially, councilor is a secondary function, but that is really nonsense", Aboutaleb said on Friday, according to the newspaper. "In practice, the council work takes up three to four days [per week]."
ING decided to withdraw a proposed salary increase for CEO Ralph Hamers due to mass criticism from society and politicians. "We realize that we underestimated the public response in the Netherlands to this clearly sensitive issue", chairman of the supervisory board Jeroen van der Veer said in a statement on Tuesday, ANP reports.
Many ING customers are furious about CEO Ralph Hamers' salary increase from 2 million to 3 million euros per year and are switching to sustainable banks like Triodos and ASN, the Parool reports.
An ASN spokesperson told the newspaper that the bank saw five times more new customers between Thursday and this weekend than usual, as well as a tenfold increase in the number of applications for accounts. "If people indicated online why they're switching, it usually involved the hassle at ING."
GroenLinks wants to block a massive salary increase for ING CEO Mark Hamers with a legislative amendment. Party leader Jesse Klaver hopes to pass this law through parliament and the Senate as quickly as possible, so that it can be submitted to the Council of State for urgent advice this week. ING shareholders will discuss the proposed increase on April 23rd, ANP reports.
The Dutch economy continues to grow steadily and its growth is expected to reach 3.3 percent this year, according to planning office CPB's estimate in its Macro Economic Exploration, which was published on Wednesday. If this estimate holds true, this will be the first time the Dutch economy grows by more than 3 percent since the outbreak of the economic crisis in 2007. In 2018 the gross domestic product is expected to grow by 2.5 percent, NU.nl reports.
Primary school teachers are demanding the same salary as their colleagues in secondary education with a grade two teaching qualification, according to a manifesto written by action group PO in Actie. They want the next government to release money specifically for increasing salaries and decreasing workload for primary school teachers, the Volkskrant reports.
The Netherlands Council of Ministers is expected to make a decision on whether or not to push forward with a sell-off of state-owned bank ABN Amro, sources inside parliament told newswire ANP. The government was supposed to make a decision about the sale two months ago, but it was sidetracked when the bank's executive board offered themselves a salary hike, causing a public uproar.
The Tweede Kamer, lower house of parliament, has many questions about the salary increases at ABN Amro and how Minister Jeroen Dijsselbloem of Finance let it go so far, NOS reports.
ABN Amro has "insufficient understanding" of the other positions and personal interest of its own board. The rules to prevent insider trading by the directors are also not in order. Only in the course of this year the bank hopes to meet the requirements set by the supervisor to prevent the mixing of private interests and the interests of the bank.
The parliamentarians in The Hague are pleased with the decision made by the ABN Amro executives to reverse the proposed salary increase of 100 thousand euros. The six members of the bank's Supervisory Board announced their decision in a statement yesterday.