On 10 June 202, a new collective labor agreement was signed, leading to salary increases in the banking and insurance sectors. These agreements will apply from 2021 to 2023.
In the insurance sector, a salary increase of 0.5% for all employees will apply over the guaranteed three-year amount. In addition, the salary scale will be increased for employees falling under thresholds 1 and 2. A one-off COVID bonus of €500 will be paid in September 2021.
In the banking sector, salaries will increase by at least 0.7% in 2022 and 0.5% in 2023. In addition, any increase when changing group will not be less than €15 (index 100). Finally, the new agreement provides for the payment of a minimum of €25 per month when an employee is teleworking regularly to compensate for the costs generated.
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