BBVA proposes worse conditions in its ERE than in previous layoffs

The economic conditions of , which will affect almost 3,500 workers, were specified on Thursday. The entity, in accordance with its initial proposal, which may be modified upwards in the negotiations, proposes terms that are worse than those agreed with the unions in its last two collective adjustments, those undertaken in 2012 and 2015 within the framework of the Unnim and CatalunyaBanc awards.

The bank, as reported to the staff representatives, and with a maximum of 65% of the annual salary. For those affected with a lower age, the compensation will be 27 days per year worked with a maximum of 18 monthly payments.

These amounts are lower than those of the Unnim process, when the remuneration reached 75% of the remuneration, and that of CatalunyaBanc, when it reached 70% of the remuneration and the severance payments reached 30 days.

The proposal of the group chaired by Carlos Torres is also lower than that of other ERE in progress, such as Santander, although to carry out its adjustment of 7,791 employees after the merger with Bankia. The latter 50% of salary and compensation of 25 days.

The BBVA plan is specified as follows by different groups. Thus, it offers employees between the ages of 58 and 62 a temporary income of 65% of the annual salary level (up to 63 years of age), discounting the unemployment benefit and a payment of the special Social Security agreement up to 63 years of age.

For workers aged 56 and 57 who have a minimum seniority of 15 years, it proposes a temporary income of 60% of the annual salary, discounting the unemployment benefit, and the payment of the special agreement to Social Security (up to 61 years). .

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Those over 63 who leave the entity will pay compensation of 20 days per year worked, with a maximum of 12 months, while for the rest of the workforce the compensation is 27 days per year worked, up to a maximum of 18 monthly payments.

mobilizations

From the unions it is considered that the measure is “absurdly insufficient” and they call for a massive mobilization for next May 10 in different cities, with the aim of reducing the bank’s ERE and improving its conditions. CCOO claims that the main way out is early retirement, with better conditions and a greater and broader range of ages, completely voluntary and without traumatic measures for any group.

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