CaixaBank has once again been forced to reduce the number of people affected by the ERE in order to bring positions closer to the unions. Although yesterday it launched a finalist proposal, today, coinciding with the strike in the entity (for which 90% of the offices are closed) and the last day of negotiation, the bank’s management has proposed to reduce the Departures at 6,750, that is, 200 less than in the previous offer.

As he has transferred in the meeting he has with the unions, he is studying how to further reduce the staff that will have to leave the group. Staff representatives have demanded that the figure be reduced to 6,300 and that the accession process be voluntary.

CaixaBank is also analyzing how to change the assignment quotas by age group in order to make the project as voluntary as possible and has put geographical and functional mobility measures on the table. On Monday he fixed that no more than 1,500 casualties correspond to the age bracket between 54 and 55 years and at most 500 from the age bracket between 52 and 53. With this criterion, it eliminated from its approach the limit of 60% of dismissals were for those over 50 years of age.

The entity is carrying out calculations so that the cost of the ERE does not rise too high and can achieve the cost synergies promised to the market, of 770 million in three years.

Throughout this afternoon, the talks will continue in order to reach a pact, although for the moment the positions are far apart despite the fact that yesterday the entity offered early retirement since the age of 52 and improved the economic conditions for a good part of the workers who will be affected. It also established prevalence in adhesions for those over 56 years of age and those under 52.


For the older than 54 or older with 6 years of antiquity it offers, at the moment, 57%. Specifically for those affected between 55 and 56 years of age, he is willing to pay that percentage for seven annuities. For their part, for those who have between 52 and 53 years, a fractional payment of the amount equivalent to 57% of your fixed annual salary multiplied by seven will be established, with a monthly payment until you are 63 years old, that is, applying a system similar to that of early retirement.

In order to those under 52 The compensation would be 40 days per year of service with a limit of 36 monthly payments, in addition to a premium of 7,500 euros for six years of service and a prize of 2,000 euros for the rest. The main improvement has been made for this group, since the previous one was 35 days per year with a ceiling of 24 monthly payments, with the aim of being more voluntary.

Likewise, the entity has proposed to modify the risk hedges of the employee pension plan, moving from an income formula to a capital formula, the most common in the pension plans of Ibex 35 companies, and increasing the entity’s retirement contributions to the pension plan by 1%, both for employees from CaixaBank and the group from Bankia when their risk coverage capital is reduced.

Damm signs a sustainable financing of 200 million with Sabadell, CaixaBank, Santander and BBVA

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