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BayernLB headquarters in Munich: More money for 60,000 employees in the public banking sector
Photo: Andreas Gebert/ dpa
The employees of state and development banks as well as several savings banks in Germany will receive more money and will be able to work from home more often in the future.
The sixth round of collective bargaining for the public banks on Thursday brought a breakthrough in the talks that had been going on since the end of June last year, as both sides announced on Friday.
Specifically, the collective bargaining parties agreed on a salary increase of three percent for the 60,000 employees from July 2022 and a further two percent from July 2023. In addition, after the Corona special payment of 750 euros already granted in March, there will be a one-time further 300 euros in April.
From January 2024, the weekly working time will be reduced by one hour to 38 hours.
The collective agreement runs for 35 months until May 31, 2024.
The union Ver.di expressed satisfaction.
"The result is neat and hard-fought and is more than impressive against the background of the pandemic and the difficult situation in Europe caused by the Russian war of aggression in Ukraine," said Ver.di federal board member Christoph Schmitz.
Gunar Feth, chief negotiator on the part of the Association of Public Banks in Germany (VÖB), said that together we were able to put together a "very good salary package" that noticeably cushions the consequences of inflation for the employees of the public banks and recognizes their achievements". .
Among other things, the union went into collective bargaining with a demand for a 4.5 percent increase in salary over a period of twelve months and a social component of 150 euros.
Separate collective bargaining round for employees of private banks
For the first time since 1972, the Collective Bargaining Association of Public Banks represented its currently 43 member institutes independently.
The separately ongoing negotiations for 140,000 employees of private banks in Germany have come to a standstill.
However, a collective bargaining agreement was recently reached in separate negotiations for the employees of Postbank, which belongs to Deutsche Bank.
Sol/dpa/Reuters
