Italy: UniCredit ramps up its generational renewal measures and promotes employees’ purchasing power

Publication

15 December 2022 à 09h43

Reading time

3 minutes

Publication: 15 December 2022 à 09h43

Reading time: 3 minutes

Italy’s banking giant has just signed several agreements with the trade unions that include provisions for a new early retirement plan, with 850 voluntary departures fully matched by new hires. In addition, the early negotiation of the productivity bonus and a new lump sum for benefits in kind will mean UniCredit group employees in Italy can access up to €2,400 in the coming months.

An article by Hélène Martinelli

Publication

15 December 2022 à 09h43

Reading time

3 minutes

Publication: 15 December 2022 à 09h43

Reading time: 3 minutes

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Key points

A new early retirement programme based on one new hire for one departure.

Purchasing power support in the form of bonuses

A redefinition of professional profiles across the subsidiary network

The agreements signed on 02 December by the UniCredit banking group and the FABI, First-Cisl, Fisac-Cgil, Uilca and Unisin trade unions will, according to the trade union press release, make it possible to “guarantee that job numbers are maintained” and...

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Article authors

Featured image of the article Hélène Martinelli

Hélène Martinelli Freelance

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