Home » Industrial relations » National industrial relations » Italy: new agreement on generational renewal at UniCredit Italy: new agreement on generational renewal at UniCredit The agreement signed on 19 December between Italy's second-largest bank and the Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin trade unions will enable 510 employees to take early retirement, while new recruits could total 424. The ratio of departures to new hires should therefore be higher than standard practice in the Italian banking sector (one new hire for every two departures). By Hélène Martinelli. Published on 10 January 2024 à 15h27 - Update on 23 July 2024 à 15h08 Resources The agreement continues the generational renewal policy that UniCredit has been pursuing for several years. Requests for early retirement following an agreement struck in December 2022 far exceeded the 850 departures planned for.… Hélène Martinelli ApprenticeshipCollective agreement Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst nameLast nameOrganizationFunctionemail* Object of the messageYour messageRGPD J’accepte la politique de confidentialité.CompanyThis field is for validation purposes and should be left unchanged. Essentials Latest articles Longer careers: a new state of affairs for companies CSRD: social and environmental reporting market takes shape Analysis & Data Latest articles Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels