Orange group launches a new profit-sharing agreement: stakes and opportunities.

Following the recent bad reputation endorsed by the company in terms of the management of the employees, Orange has decided to correct its image and  practices. Therefore, on June 28, 2013, the
management of the Orange group and the four labour organizations (CFDT, CFE-CGC, FO and SUD) that had received nearly 70% of the votes at the last employee elections signed a new profit-sharing agreement.

Connectikpeople has discovered that under the agreement, the amount of each company's profit sharing, which is calculated according to a special formula, will be 4% of its operating income (French standard).

The profit-sharing calculation for the employee consists of two parts:

• 80% is related to the salary level, with a floor salary of 26,000 euros;
• 20% is egalitarian and is linked to the time spent in the Group over the reference year.

 “This agreement allows us to recognize employees’ efforts to adapt to the  changes in the company’s environment and to value the essential role  they have in achieving the Group’s results.” Said Bruno Mettling, Deputy Chief Executive Officers in charge of Human Resources.

About Orange

Orange is one of the world’s leading telecommunications operators with sales of 43.5 billion euros in 2012 and has 170,000 employees worldwide at 31 March 2013, including 104,000 employees in France. Present in 32 countries, the Group has a total customer base of close to 230 million customers at 31 March 2013, including 172 million mobile customers and 15 million broadband internet (ADSL, fibre) customers worldwide. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services.

Orange is listed on the NYSE Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN)