Disagreements. Debated since the end of October 2010, the collective agreement applying to Luxembourg’s banks is about to be concluded. The social partners – ABBL for employers and LCGB, ALEBA and OGBL for unions – really thought they were never going to make it because they disagreed on so many things. In November, employers’ representatives left the negotiating table notably because they couldn’t secure the extension of the reference period from 6 to 12 months to calculate working time and the replacement of wage increases by a merit-based pay bonus.
ey were never going to make it because they disagreed on so many things. In November, employers’ representatives left the negotiating table notably because they couldn’t secure the extension of the reference period from 6 to 12 months to calculate working time and the replacement of wage increases by a merit-based pay bonus.
Content. In the end, the creation of a working committee enabled reaching a consensus between the social partners. The new agreement provides, for 2012, for a 1% wage inc
…Do you have information to share with us?