News

The claims included suppressions of three year periods, expansion of geographic mobility by 25 km radius, elimination of promotions, elimination of promotions, end of pay and productivity benefits, deregulation of schedules, and hardening of the disciplinary regime…



At last, CCOO and UGT decided to suspend the negotiating table because of the little process which was made. Assuming the responsibility that we have as the majority representatives of the banking sector, we are taking steps so that the employer will reconsider and withdraw the attack of cuts to rights if it really is pretending to reach a Settlement Agreement which allows us to address the situation of the economic and financial crisis throughout our country.



We think that the overall situation of mobilization that has been underway throughout the country has helped employers to give up these proposals in order to advance an agreement. We have finally been able to close a Collective Agreement to serve as an instrument to address the plight of restructuring we are going through in the financial sector, maintaining all the historical rights of workers generally and specifically in the banking sector.



We highlight the following:

• Employment Protocol: The parties agree to not utilize traumatic measures to readjust the staff, opting for a prior negotiation with the union representatives in which internal flexibility measures and orderly departures (early retirements and voluntary redundancies) are an alternative to layoffs.
• Salaries: Wage restraint, in a four year agreement, which ensures an increase of 1.25% in 2013 and 1.5% in 2014, in addition to a variable increase in function of the results of operating activities (RAE).
• Social welfare: Adaptation of the amendment of the law on retirement, maintaining the worker’s right to 100% of PE at age 65, or its equivalent if we add one or two more years of pension collection (95% at 64 or 90% at 63) where it is anticipated to be the same. If retirement occurs at 63 or 64 years by mutual agreement, 100% of PE is maintained. It also establishes the right to a system of a pension supplement system for all workers with no pension supplement.
• Equality of opportunity and anti-discrimination: The recognition of rights of common-law marriages, gender equality, non-discrimination for colleagues who assume the role of union representatives, and the right of all workers to vote and be elected in union elections which put some decisions into question.

CCOO and UGT value this agreement as satisfactory. It is good news for bank workers. Now we will defend it and enforce it against the regressive labor reforms that we are suffering. If the government fails to rectify against this reform, LET EVERYONE TO PARTICIPATE ACTIVELY IN THE GENERAL STRIKE ON THE 29^th of March.



NOW WE WILL DEFEND THE AGREEMENT AND ITS COMPLIANCE



March 14, 2012