Ubi Banca and the trade unions have signed an agreement on the second part of the early retirement plan defined in the institution's 2019/20 Business Plan.
Under the terms of the agreement, a further 700 applications for admission to the sectoral Solidarity Fund were accepted, presented under the previous early retirement plan, activated with the memorandum of understanding of December 2016, on the basis of which around 600 had already left resources by February 2017, ahead of plan forecasts. The new releases are expected in the period between 2017 September 31 and 2018 March XNUMX, also ahead of schedule.
Redundancy costs (around 1.300 resources in all) had already been fully expensed in the results as at 30 June 2016.
“The agreement also concludes the harmonization – in a single contract – of the 8 company supplementary contracts still in place for the employees of the Banks merged into UBI as well as of UBI/UBIS – reads the note from the bank – and, in the future, of the contracts of all group companies, with particular value on the social and welfare level (e.g. 'youth plan', maternity/paternity leave, part-time, working hours, disability, etc.".
Finally, the generational turnover plan will allow for the entry of 250 new resources by 2018, as well as the confirmation of the fixed-term positions currently in place in the group (about 105 resources, of which 85 with contracts expiring in 2017).
"At a time when youth unemployment represents a real tragedy for the country, having managed to agree on 250 new hires, equal to 37% of voluntary departures, and the stabilization of 85 employment relationships is a significant result from a social point of view, offering employment certainty to an audience of 335 young people”, says Riccardo Colombani, of the national secretariat of First Cisl, at the end of the negotiations held in Ubi on the matter of company bargaining.
“The youth package – explains Andrea Battistini, coordinator of First Cisl in the Ubi Group – includes an increase in the company contribution to the supplementary pension, raised to 6% for five years, thus mitigating the effect of the lower wage revenue deriving from the national forecasts for employment contracts".
