to “improve customer service and maintain employment levels,” combined with flawless unity and cooperation were ‘decisive’ to achieve this ‘extraordinary’ outcome, the signatories claim, in spite of extremely tense negotiations (see our dispatch No. 110231). Here are the key novelties contained in the agreement, which will be in force between January 1, 2012 and December 31, 2014 and affects 340,000 employees.
Pay conditions. In addition to an average €170 increase (divided in three – June 1, 2021, 2013 and 2014), “making up for inflation,” unions accepted the 18-month freeze (January 1, 2013-July 31, 2014) of the ‘seniority increases’ (“scatti di anzianità”) and of the TFR calculation (“trattamento di fine rapport,” the part of the salary paid with interest when the person leaves the company) for the three year during which the agreement is in force, as well as the suspension of the adjustment for 2008, 2009 and 2010, as well as the usual lump sum (“una tantum”) to compensate the period without an agreement.