On 16 April, following a period of difficult negotiations that were punctuated by threats of the talks being called off completely, as well as work stoppages and strike action that had garnered support from 90% of the banking sector’s workers, the social partners finally secured a collective agreement. The text incorporates the contents of the agreement that had been signed on 15 March by the ABI (banking sector’s employers’ body) and the relevant unions (Dircredito-FD, Fabi, Fiba-Cisl, Fisac-Cgil, Sinfub, Ugl Credito, and Uilca e Unisin) (c.f. article No. 9000) This new banking sector agreement affects 309,000 workers and runs from 15 March 2015 until 31 December 2018.
On top of the blanket €85 rise stemming from the 15 March agreement, unions secured maintenance of the scope of the collective agreement, the scales and the classifications. The banks have also secured more favorable calculation terms for the ‘TFR’ (Trattamento di Fine Rapporto, a type of severance payment made to a former employee following a termination in the employment contract) via a reduction in the taxable segment.
The collective agreement also includes social provisions to safeguard jobs
…Do you have information to share with us?