Spain: renewal of the collective agreement of the insurance sector

Employers and trade unions in the mutual and insurance sector signed, on October 1, a new collective agreement which will be in force until 2011. Signed by the Unespa, the Amat and the Asecore for employers and FES-UGT and Comfia-CCOO for unions, it guarantees maintained purchasing power and improves union rights. (Ref. 080751)
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The collective agreement, which concerns the 70.000 employees of the sector and which will be effective for four years, includes a clause for the annual revision of wages depending on the CPI (Consumer Price Index) and plans an additional bonus for 2010. Besides, it includes the legal changes introduced by the 2006 Equality Act establishing the bargaining criteria for bargaining equality plans which should take place in companies with more than 250 employees on the one hand and, on the other by

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