Global Statistics

Banking employers improve their salary proposal for the new sector agreement


The Spanish Banking Association (AEB) has improved its proposal regarding remuneration for the new banking sector agreement, offering a salary increase of 0.75% for 2022 and 1.25% for 2023, as reported by the unions after the last negotiating meeting.

The proposal is still far from what the workers’ representatives are asking for, who aspire to a salary increase of 0.5% in 2021, 1% in 2022 and 1.5% in 2023, which is why the unions have urged the employer to take a further step in this regard.

In the meeting held in telematic format, CC.OO., UGT and FINE have presented a proposal for participation in benefits, which explicitly defines how the result of the exploitation activity is calculated, to avoid different interpretations, and details the sources from which the data must be obtained according to the type of entity (national entities, with or without business outside of Spain, and foreign, intra-community or extra-community entities).

The bank employers’ association has reiterated its acceptance of the union’s proposal for one-off annual payments outside the tables, in addition to the salary increase that is agreed upon and linked to the individual results of each entity.

There is also a “practically closed” agreement regarding the regulation of teleworking, permits and the revaluation of various bonuses, while there are still some aspects in the chapter of loans that are pending to be finalized.

The latest extension of the ultra-activity of the collective agreement runs until January 31, 2021 and the next meeting in which the negotiating table will try to reach an agreement on the new agreement will be held on Wednesday.

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