Italy: banking sector collective agreement renewed

On 19 December, after a year of negotiations, social partners in Italy’s banking sector agreed a provisional deal to renew the national collective agreement (CCN), which applies to more than 280,000 workers and expired in December 2018. The strong points of the deal include a €190 pay rise, which is close to the trade union demand of a €200 increase, the right to disconnect, improved protection of employees from commercial pressures, the creation of a joint committee on new technology and several measures to foster a healthy work-life balance. The new collective agreement, which will apply retroactively from 1 January 2019 to 31 December 2022 (therefore applicable for four years rather than three), has been submitted for approval by workers.