As a consequence of the pandemic, last year saw an increase in the participation of early collective bargaining and a decrease in formal negotiations, compared to 2019. A more complex stage is foreseen for this fiscal year.
A decrease in the amount of bonuses for conflict termination and a limited number of strikes -three in 2019 and two in 2020- are some of the conclusions of the study "Collective Bargaining in the Mining Industry", developed by the consulting firm Vantaz Group.
In this edition, the collective bargaining processes of 2020 were reviewed, with the objective of analyzing the processes, comparing them with those of previous years, and evaluating how they were resolved; this was based on data available in open sources, consulted via the Web and personal communications from Labor Relations or HR departments of the mining companies, in some cases. Some processes that would be carried out in the current fiscal year, but were anticipated, were also studied.
Juan Cariamo, Co Ceo and partner of Vantaz Group, states: "With this new version of the study we seek to contribute to an issue that is of great relevance for the industry, its people and the country; I believe that the conclusions it gathers can be very useful, especially given the busy calendar of collective bargaining negotiations ahead of us. In 2020, the mining companies demonstrated that despite the great impact of the pandemic, they were able to continue operating, therefore, this uncertainty has been cleared, which, added to the high price of copper, allows us to foresee a more complex stage for 2021".
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