Bank salaries to increase 4.5% instead of 1.25% agreed in 2023

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this Spanish Banks Association (AEB) agreed with CCOO Y UGT 4.5% increase until 2023 Salary tables for bank employees compared to the 1.25% stipulated in the current collective agreement, as reported by the two unions and the employer in a statement.

These two units 71.38% of the workforce Negotiations were held within the framework of reopening the existing collective bargaining agreement, which is valid until 31 December 2023.

information once CPI Final and 2022 Corporate Earningsboth unions plan to encourage the reopening of the Sectoral Observatory and, where appropriate, the reopening of the agreement’s negotiation commission to take new compensatory measures.

The employers’ association representing banks such as Santander, BBVA, Bankinter or Banco Sabadell, as well as unions CCOO, UGT and FINE, restarted collective bargaining negotiations today to address the rise in wages in the face of a crisis. high “exceptional” status inflationas quoted yesterday by AEB chief Alejandra Kindelán at a financial meeting.

The reopening of the existing contract came after months of meetings between employers and unions at the Sectoral Observatory to analyze the sector’s situation in the face of high inflation and try to find solutions that would allow it to best cope. path.

Unions celebrate agreement as it assumes the embodiment of “”.commitments and results“Shared to demand salary increases that occurred at the end of October within the framework of the observatory and sector mobilization.

In addition, the CCOO and UGT stress that the EEB’s resumption of negotiation of a closed and existing agreement is “a precedent of enormous importance”, assuming the existence of an exceptional economic situation that was “unpredictable at the time it was very different from the one that existed at the signing and negotiation of the agreement”.

The unions consider this measure to be a mitigation above all else. “The pressure created by inflation on the workers in the sector within the framework of the validity of the XXIV. Collective Banking Agreement”.

They are also called to a later stage in 2023 after the CPI data is known and closed, as well as the benefits for businesses in 2022.

The CCOO and UGT describe the contract as “strategic” within the confederal campaign to “remove the barrier to negotiation of the Employment and Collective Bargaining Agreement (AENC) by limiting this claim to contracts but also to contracts in the process of being negotiated, not just one-off compensatory payments.” achieve consolidated, recurrent and structural rebalancing measures”.

The AEB, for its part, stressed the value of the deal and feels that both parties are “moving with”. Responsibility required by extraordinary socioeconomic conditions” flow.

“The salary increase decided is a recognition of the efforts and personal commitment of banking industry employees in this exceptional context,” he added.

FINE rejects the deal

On the other hand, FINE union, which is also at the collective banking agreement negotiation table, refused to sign the agreement on the grounds of “”.only 3.25% change what was agreed upon in the agreement”and “given the absorbable nature of any supplement held in businesses, it thinks it will not reach the majority of the workforce.

FINE chief Elena Díaz stated that the cumulative CPI between 2021 and 2022 was 12.60% and that with this agreement, “the expectation to make up for lost purchasing power is lost”.

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