After the banking industry, the insurance sector signed a collective pay deal on April 3. With a slight decrease in contributions in 2012, the sector’s 22,000 employees will get a 3% increase (direct insurance staff) and 2.8% (supply network). Besides, all fixed and variable bonuses will increase by 2.6%. The agreement will run between March 1, 2013 and February 31, 2014. The inflation rate taken into consideration is 2.4%, so the GPA-djp private sector union considers it has achieved its goal of securing a real net increase. (Ref. 130225)
“We really wanted to improve pay conditions for the lowest wages with an increase that was clearly higher than inflation,” explained Fran Urban, head of the insurance department at the GPA-djp union. Thus, retroactively on March 1, 2013, a 3% increase was granted to ‘head office’ staff and a 2.8% increase to those working in retail and supply. Head office employees will not get a single increase but a 1.8% increase plus €30/month. According to the GPA-djp union, this leads to an average 3% m
…Do you have information to share with us?