After six months of difficult negotiations, the Luxembourg Bankers’ Association (ABBL) and the Aleba, LCGB and OGBL trade unions announced on 11 July that they had reached an agreement on the renewal of the collective agreement for the banking sector, which has more than 26,000 employees. The text, which will cover the period 2024-2026, is now in the approval phase and is due to be signed at the beginning of August. In particular, the agreement provides for an increase in starting salaries and
…Luxembourg: €500 bonus for banking sector employees in 2025
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