Understanding, first agreement with trade unions for the integration of Ubi employees

by time news

Agreement between the credit unions and Intesa Sanpaolo for the integration of the approximately 15,000 employees of Ubi Banca. The Agreement was signed during the night and defines the economic and regulatory treatments of reference for the 80 thousand workers of the new Intesa Sanpaolo group. The negotiation, underlines a note from Fabi, ‘will continue’ for the whole year on the social security and welfare parts for former Ubi workers and, for all, on the renewal of the company contract expiring on 31 December ‘.

The performance bonus for 2021 was also defined, amounting to a total of 110 million. A new commission will then be set up on the fight against commercial pressures: an important tool that will determine a significant change of course with respect to behavior that does not conform to ethical principles on the activity of selling financial products. ‘Well the first chapter of the harmonization of treatments, all existing treatments have been maintained and the best experiences of the two groups have been enhanced in the exclusive interest of the workers, we are confident in the continuation of the comparison’, commented the national secretary Fabi and coordinator in Intesa Sanpaolo, Giuseppe Milazzo.

Satisfaction with the result achieved was also expressed by the national secretaries of Uilca Mariangela Verga and Giuseppe Bilanzuoli. The agreement, they explained, ‘represents an important point of balance, offers elements of guarantee, protection and enhancement for all the personnel involved and traces a positive path for the renewal of the supplementary bargaining valid for the whole group’. ‘This is a path agreement – added by First Cisl the national secretaries Domenico Iodice and Mauro Incletolli – because it will accompany all the people of the new Intesa Sanpaolo group in the various stages of integration, along 2021.

This – they continued – is the most important cultural and organizational transition operation recently carried out in the Italian banking scene. As a union we intended to govern it, introducing rules that secure individual rights, employment and professionalism.

The certainty of the protections achieved strengthens the common identity and trust, also in view of the expected industrial plan. ‘The stakeholder-work remains the indispensable glue to guarantee the success and continuity of this operation’, they concluded, underlining that ‘it makes no sense to have regrets for an experience that does not die, but flows into a new solid European banking group. People are the real distinctive element that will guarantee Intesa Sanpaolo to carry out its crucial social function rather than the brands.

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