Tense salary negotiations in banks

by time news

2023-12-20 20:38:12

Laurent Mignon, chairman of the board of the French banking group BPCE, holds a press conference to present the group’s 2021-2024 strategic plan to BPCE. ERIC PIERMONT/AFP

STORY – Several French banking networks went on strike to reach a salary agreement. Payrolls will increase by 0.5% to 3.5% on average.

Mandatory annual negotiations (NAO) on remuneration have rarely been so tense in banks. This is evidenced by the proliferation of strikes in several networks. Which is very rare in this sector. The latest took place on Tuesday at Arkéa, the entity bringing together the Brittany and Sud-Ouest federations of Crédit Mutuel.

The movement is growing

At the call of the inter-union (CFDT, CGT, SNB and Unsa), 21% of employees stopped working, according to a group count. The general secretary of Unsa, Guy Donatien, counted at least double the number of strikers demanding a “value sharing bonus” (PPV), that the management “refuses to pay them”. Judging the situation “unacceptable”the Arkéa unions called for a new strike action on January 23.

Anger also rumbled this fall among BNP Paribas employees, called to strike on October 13. They were followed by those from the central functions of BPCE (excluding the Banque Populaire and Caisse d’Epargne networks)…

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