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Intesa Sanpaolo and banking unions: agreement on hiring and retirement

The Bank has signed a protocol with the banking unions which envisages a new form of mixed work (employee and self-employed) on an experimental basis to hire up to 400 young financial advisors – Retirement incentives and the extension of subsidized part-time work are also on the way.

Intesa Sanpaolo and banking unions: agreement on hiring and retirement

A new type of "mixed" job, ie a permanent job with part-time hours plus a self-employment contract. This is the most innovative element contained in the new protocol for sustainable development that Intesa Sanpaolo signed with the banking unions Fabi, First Cisl, Fisac ​​Cgil, Sinfub, Ugl Credito, Uilca and Unisin.

This novelty is experimental in nature and will be used to hire up to 400 new financial advisors who already have their own portfolio to carry out the part of self-employment. "These workers, for the hours of subordinate work, will enjoy all the guarantees of a permanent contract, from illness to pregnancy - Mauro Incletolli, national secretary of First Cisl, explains to FIRSTonline - At the end of the 24-month experimental period they will be able to choose whether continue like this or ask to be hired full-time by the bank, which in this case, in the following 9 months, will place them in their region of residence or in one of the neighboring regions".

WORKERS WITHIN THE GROUP

Even workers within the Intesa Sanpaolo group will be able to change their contract to switch to this form of "mixed" work, but in this case the Bank will offer them a portfolio of customers and workers will be able to ask at any time to return to work again full time.

RETIREMENT INCENTIVES

The protocol also introduces other innovations on retirement. In particular, those who have already acquired the right to seniority or old age benefits will receive 75% of the last gross annual salary as a redundancy incentive if they ask to retire by 24 February. The deadline is instead postponed to 30 April 2017 for those who mature the requirements by 31 December 2018.

RECRUITMENTS LINKED TO RETIREMENTS

However, there is also a reverse side of the coin: “Upon reaching 750 terminations due to retirement – ​​reads the text of the agreement – ​​full-time or part-time recruitment will take place, in a number corresponding to 100 full-time equivalents. In the event that the number of terminations exceeds 1.000 units, further recruitments will be made in a number corresponding to 50 full time equivalents".

REDUCED PART TIME

Finally, anyone who meets the requirements for a retirement or old-age pension between 31 December 2018 and 31 December 2020 will be able to request the transformation of their employment relationship from full-time to part-time "for a maximum duration of no less than 24 months ” and until the day before retirement. The salary will be reduced proportionally but the Bank will pay all contributions, including those payable by the worker, as if the contract were still full-time. Therefore, the two years of part-time work will not affect the final amount of the pension.

ROMANI (FIRST-CISL): "THE UNION MUST MEASURE WITH NEW FORMS OF WORK TO HELP YOUNG PEOPLE"

“Intesa is launching an experiment that allows the union to negotiate and represent work that changes as a result of digital, multi-channel and customer needs - comments Giulio Romani, general secretary of First Cisl - Representing new forms of work and creating opportunities for young people who want to put themselves to the test to build a future, it is a new frontier with which the union must know how to compete".

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