France’s novel approach to the wage bargain: ‘boss-napping’
In the face of increasingly uncertain economic times, the latest trend in France is for workers unhappy with their company’s position on labour to boss-nap,. Boss-napping entails workers disappointed with redundancies or payouts taking their bosses hostage as a bargaining tool! Recent kidnappings have involved 3M France’s industrial director and Sony France’s CEO and HR director.
Unfortunately it seems that the tactic is working, with 3M France’s industrial director being released after signing a deal which offered more favourable treatment for the 110 employees who faced losing their jobs. I’m not sure of the validity of such a contract made under duress over there – I doubt it would stand up here – but hey, they do things differently in France.
“3M France’s industrial director being released after signing a deal which offered more favourable treatment for the 110 employees who faced losing their jobs.”
But would the courts enforce such a deal? I hope not.
@Paul Walker
Hey, they are just strengthening their bargaining position – it is all about trying to get the largest proportion of the ex-post surplus isn’t it? Surely, there isn’t any role for capital investment in France anymore 😛