Economy & Politics

Official start of negotiations on the Square

Tainted by strong tensions between unions in the financial sector, the first meeting dedicated to the future collective agreement for the banking sector resulted in a minimum agreement. That of initiating discussions, in accordance with what the law provides.

Jean-Michel HENNEBERT

Jean-Michel HENNEBERT

Tainted by strong tensions between unions in the financial sector, the first meeting dedicated to the future collective agreement for the banking sector resulted in a minimum agreement. That of initiating discussions, in accordance with what the law provides.

“Technical” meeting for some, back to “what is provided for by law” for others. The first negotiation meeting between social partners in the banking sector did not ultimately lead to a resounding clash between unions, but to the launch of the negotiation process. A breakthrough in the context of the sharp tensions between Aleba on the one hand and OGBL and LCGB on the other.


Luxembourg financial center - photo: Pierre Matgé

The first official negotiation meeting for the future collective banking agreement organized on Wednesday promises to be very tense. In question, the battle engaged between Aleba and OGBL / LCGB which could cause collateral damage.


Carried out remotely and finalized in one hour, the discussion between the social partners will have been conducted in a “calm manner” and will have enabled the discovery of “the three catalogs of demands” currently in force. Namely that of the ABBL, that of Aleba and the joint catalog of the OGBL and LCGB.

A priori distinct requests between the three groups currently constituted which will be the subject of an analysis by January 13, date of the next negotiation meeting which will be centered on presentation, by the ABBL, of the perspectives of the sector banking. Before the social partners continue their discussions on January 27.


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.


As a reminder, Aleba and ABBL announced that they had reached an agreement in principle at the beginning of November regarding the renewal of the current collective agreement. An announcement that had not been to the liking of the OGBL and the LCGB who had then denounced a “lone rider” of the first union of the Place and launched a procedure with the ITM in order to question the sectoral representativeness of Aleba.

Questioned Wednesday evening at the end of the meeting, Laurent Mertz, secretary general of Aleba, assures us “to have reiterated the request for appeasement to the other unions” and specifies “to always be awaiting a response from them”. For his part, Gabriel Di Letizia, president of LCGB-SESF, indicates “to be satisfied to have returned to serious and constructive negotiations”.


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