CECA's member entities, which are bound by the Collective Bargaining Agreement for Savings Banks and Financial Institutions, have reached a pre-agreement with the majority of trade union representatives on a Collective Bargaining Agreement which contemplates an 11% increase in salaries over three years (5% in 2024, 3% in 2025 and 3% in 2026), plus a one-off additional payment in 2024 of €1,000 for each employee.
CECA and the trade unions FINE, CCOO, UGT, CIC and CIG set up the negotiating committee in November 2023, before the end of the previous bargaining agreement in December 2023, with the aim of expediting negotiations and reaching an agreement during the first quarter of 2024, thus shortening the usual negotiation periods.
This pre-agreement has been reached with more than 86% of the trade union representation, which is held by the trade unions FINE, CCOO and UGT. The parties have scheduled a meeting for the first week of April to draw up the final text of the agreement.
CECA and its member entities view the agreement reached positively, insofar as it represents a clear recognition of the work and commitment shown by their staff, which is necessary to address the coming years with success and stability.
The agreement will apply to the more than 55,000 staff of CaixaBank, Unicaja, ABANCA, Ibercaja Banco, Caixa Ontinyent, Caixa Pollença and Cecabank.