Economy & Politics

The representativeness of Aleba called into question

Tensions between unions in the financial sector are likely to escalate further after the official request from the OGBL and LCGB to look again at the results of the 2019 social elections. Objective: cancel the agreement in principle reached between employer representatives de la Place and the Aleba.

Jean-Michel HENNEBERT

Jean-Michel HENNEBERT

Tensions between unions in the financial sector are likely to escalate further after the official request from the OGBL and LCGB to look again at the results of the 2019 social elections. Objective: cancel the agreement in principle reached between employer representatives de la Place and the Aleba.

Mentioned as a possibility during November, the questioning of the sectoral representativeness of Aleba materialized. In an interview with the Luxemburger Wort on Thursday, Véronique Eischen, member of the executive board of the OGBL, confirms that an official procedure with the ITM has indeed been launched.


Ten days after the announcement of an agreement in principle between Aleba and the employers’ representatives of banks and insurance companies, the OGBL and the LCGB denounce “a unique rider”. All of this against a backdrop of questioning of sectoral representativeness.


Official objective of the OGBL and the LCGB: “to clarify” the results of the social elections of March 2019 which confirmed to Aleba its place as the main union in the financial sector with a score of 49.22% of the vote. Or just below the 50% mark, thereby guaranteeing an indisputable weight between social partners. The unofficial objective is, for its part, to send a clear message to an actor present only on the market: unions with national representation have a completely different strike force.

If Véronique Eischen assures us that the questioning was not to date “because we had no reason to do it”, she justifies the maneuver by the fact that “the situation seems different” today. At the heart of the conflict, the agreement in principle reached in early November between Aleba and the representatives of the ABBL and the ACA on the renewal of the collective agreements of the Place. An approach perceived as hostile by the OGBL since Véronique Eischen now considers “not knowing whether Aleba is on the side of employees or employers”. A more civilized formula than the one she had released in mid-November at a joint press conference with the LCGB where she assured that the Aleba was “the useful idiots of the ABBL”.


A Businessman is silhouetted as he stands under the Arche de la Defense, in the financial district west of Paris, November 20, 2012. France said its economy was sound and reforms were on track after credit ratings agency Moody's stripped it of the prized triple- A badge due to an uncertain fiscal and economic outlook. Monday's downgrade, which follows a cut by Standard & Poor's in January, was expected but is a blow to Socialist President Francois Hollande as he tries to fix France's finances and revive the euro zone's second largest economy. REUTERS / Christian Hartmann (FRANCE - Tags: POLITICS BUSINESS) - RTR3ANMI

If 2020 seems like a parenthesis, 2021 promises to be an eventful year in the banking sector. Proof of this is the movements initiated at global and European level of the main players. Luxembourg should not escape the trend.


Contacted Thursday, the Ministry of Labor confirms that a letter was sent “dated November 13” requesting a new count of the votes for the last social elections. The ITM has already requested the necessary documents from the General Inspectorate of Social Security, Statec, the Chamber of Employees and Aleba. The report, which should be delivered “in the coming weeks” to Dan Kersch (LSAP), Minister of Labor, will then be analyzed. “And the minister will decide”, specifies the spokesperson for the ministry who indicates that “this situation is unprecedented”.

For its part, Aleba maintains that the agreement in principle reached with the employers is a good way to “secure the financial center, the conditions and the achievements of employees”. And denounces “political maneuvers” on the part of the OGBL and LCGB. Whatever the ITM’s conclusions, the three unions will meet around the same table next Thursday, the date of the first negotiation meeting with the ABBL.


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