Home » Industrial relations » National industrial relations » Italy: Unicredit signs a first of its kind collective agreement over surplus executive employees Italy: Unicredit signs a first of its kind collective agreement over surplus executive employees On 08 March Unicredit together with the unions signed an agreement on managing ‘surplus’ executive staff. This is the first of its kind agreement in the sector addressing executive staff departures. The agreement provides for several different measures as alternatives to collective lay-offs ranging from age-related voluntary departures to subsequent re-hiring albeit at a lower grade and pay scale. In another departure, all executives in Unicredit will partially finance a solidarity measure aimed at lessening the social impact of restructuring. Through . Published on 11 March 2016 à 12h15 - Update on 11 March 2016 à 15h51 Resources On 08 March in Rome, an agreement was signed between the Unicredit financial group and the unions (Fabi, First-Cisl, Fisac-Cgil, Sinfub, Uilca, Ugl credito, and Unisin) clearing the way for collective negotiation on how to manage the sector’s ‘surplus’ executive staff, which has until now been managed by separate individual agreements. This agreement closes out negotiations concerning nearly 5,700 ‘surplus’ executives within the 2018 industrial plan that was revised in November 2015,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.PhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
