SUTERM agrees 6% pay increase for CFE employees

Monday, May 3, 2010

Mexico's state power company CFE has signed an agreement with labor union SUTERM that awards a pay increase to the firm's employees, CFE said in a statement.

The new deal gives workers a 4.9% wage increase and a 1.2% improvement in performance related bonuses. The new conditions came into effect on May 1.

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