[Marxism] Dutch firms not seeking longer working week, yet...

Jurriaan Bendien andromeda246 at hetnet.nl
Thu Jul 22 15:41:02 MDT 2004

22 July 2004 AMSTERDAM - Dutch multinationals do not consider it a priority
to extend the working week, despite increasing pressure in Germany and
France for workers to adopt a 40-hour week. The pressure to increase
productivity is not yet strong enough to put a question mark over Holland's
time-swap days, newspaper Het Financieele Dagblad said Thursday. (...) The
paper based its assertion on the results of inquiries made with major Dutch
firms Unilever, Philips and Akzo Nobel. (...) Office supply company, Smead
International, was to become the first Dutch-based firm to move to a 40-hour
week. But on Wednesday, the company announced it was not going ahead with
its plans. Dutch employers association VNO-NCW told Het Financieele Dagblad
that the Netherlands would probably move to a[n official] 40-hour week
eventually, but this was something to be decided in "the coming years". Only
companies in acute financial difficulties would consider moving to a longer
working week in the short term, VNO-NCW's Jan Willem van den Braak said.
Full story:

In approximate round figures, the number of employees of some of the main
corporations operating in Holland is as follows:

Royal Ahold 257,000
Randstand Detache 254,000
Unilever 234,000
Philips 164,000
Royal Dutch Shell 119,000
ING Group115,200
ABN AMRO Holding 110,000
EADS 109,000
TPG 163,000
Akzo Nobel 64,000
Fortis  62,000
AEGON 27,000
Rabobank 50,000
Vendex - 52,000
KNP Telecom -38,000
Heineken - 38,000
KLM - 34,000
Numico - 31,000
Royal KPN 29,000
Getronics - 29,000
Reed Elsevier - 29,000
Laurus - 27,000
Dutch railways -27,000
Buhrman - 26,000
Sara Lee - 26,000
SHV Holdings 28,200
DSM - 22,000
Royal Smelters - 21,000
Hollandse Beton - 20,000
Vedior - 19,000
Stork - 19,000
Wolters Kluwer -18,000
Wessanen 18,000
Hunter Douglas 15,000
Achmea - 14,000
Canon 11,000
Essent - 10,000
Gasunie 1,400

This is equal to something like a third of all jobs in the Dutch economy
when I last checked it. However, point is with the large ones the figures
obviously apply to the global workforce. For example, Unilever employs
57,000 people in Europe, 20,000 in North America, 53,000 in Turkey, Africa
and the Middle East, 79,000 in Asia and the Pacific, and 31,000 in Latin

BTW In case you're interested, the Fortune Global 500 employ 45.9 million
employees worldwide. That's about 4 million more people than the whole
labour force of the German Federal Republic.

The average rate of profit for the Fortune Global 500 calculated as
after-tax profit on stockholders equity (capital stock+paid-in
capital+retained earnings) is about 10.7%.

The after-tax profit volume of the Fortune Global 500 is $731 billion, the
combined asset value is about $60.8 trillion, gross income (revenues) $14.8
trillion, and stockholders equity is $6.8 trillion.


More information about the Marxism mailing list