Holland Casino Agrees to Pay Raises for Union Workers

Despite losing money last year, Holland Casino reached agreement with two unions to provide raises across the board. The casino had to weigh its own financial position against inflation and the labor market.

Holland Casino Agrees to Pay Raises for Union Workers

Holland Casino has reached a new contract deal with FNV, the Netherlands largest trade union, and De Unie. Employees will receive a €350 (US$366) one-off payment in July as part of an extensive agreement which runs through September 2023, according to iGaming Business.

Wages for all employees will be increased by 2.5 percent from this month, while a nominal amount of €60 per month will also be added. There will be a new minimum wage of €14 per hour, while wages will increase by another 0.75 percent from the start of 2023.

Marleen Berk, human resources director at Holland Casino, said: “The past two years have been dominated for Holland Casino by the impact of the coronavirus. We were forced to close our doors for months and were confronted with many restrictive measures.

“In the discussions about wages, we had to take into account Holland Casino’s financial position on the one hand, and inflation and the situation on the labor market on the other.”

The raises were agreed to despite Holland Casino experiencing an 8.7 percent year-over-year decrease in revenues for 2021. Holland Casino’s revenue dropped to €304.2 million in 2021. Online gaming was not enough to close the gap.