Mps, even managers are cut salary – The Republic

MILAN – It ‘was reached on Christmas Eve, after a three-day non-stop negotiations, the agreement between the MPS Group and trade unions on business rationalization of costs imposed by the European Central Bank, calling for a reduction of expenditure on staff of about 200 million Euros. He reports the Fabi.
Thanks to the agreement, the unions were able to obtain correction of the company negotiations, suspended since 2012, and greatly reduce the economic impacts of the plan on workers, calling to contribute to the cost-cutting the top managers and high professionals, for which there is a decrease in salary of 2.5% per year.

“It ‘an agreement in the name of social equity: safeguards its employees for future renovations and rejects ‘initial setup of the company that wanted to charge only to workers further cut costs by about 200 million sought by the ECB, “said the Coordination FABI MPS Group. “Through hard work and delicate negotiation, we rebuilt the company contract, for 3 year set aside, and we presumed that the sacrifices were supported mainly by the top, containing significantly impacts of the plan on workers. In addition, with this agreement we have established that the next possible future employment tensions in the group can be managed only with the social welfare category, excluding the possibility for the company to resort to collective redundancies or economic justification, “says the Coordination FABI MPS Group.

“Finally, as part of the agreement, a joint committee was formed to study the organization of work a new banking model in support of the territory, which see workers protagonists of the revival of the Group,” he concludes. In terms of cost containment, they have been achieved important goals. It ‘was established, in fact, with a view to rebalancing the distribution, that the plan “spending review” also involving the top managers and strategic professionals, with a cut of 2.5% of their pay.

It ‘was also held on the economic impact of solidarity days for employees. You are reduced from the current six to five for those with an income up to € 35,000.00 gross. Finally you can also use the fully paid arrears, the bank of hours back and the value of the meal ticket to the full extent of the six / five days instead of the same day of solidarity. The agreement reintroduces after four years the company bonus, which is equal to 300 Euros and increased in the case of welfare benefits, and regulates for the first time the prize variable Result. As for the corporate welfare, it was confirmed the overall structure of the care system and internal security, the health insurance, the employer’s contribution to the supplementary pension fund, up to the value of food stamps. Institutions, the latter, that the company would have set aside in the absence of agreement.

‘was later expanded the basis for calculation of severance pay, with provisions increased 17%, and increased company contributions for new employees by 1.5%. Were finally improved forecasts, safety regulations, and has been established an Paritetico on work organization, the new banking model and new professionalism.

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