UNI Global Union affiliate, the Greek Federation of Bank Employee Unions (OTOE), has achieved a new sector-wide agreement with Greek banks that includes a pay rise of 5.5 per cent as well as a commitment to safeguard jobs and an outline for remote working.
In a statement by the union on 4 April, OTOE President, Giorgos Motsios, said:
“Under the present circumstances of intense uncertainty, instability, questioning and attacks on the role of collective agreements, OTOE has succeeded in concluding a three-year term national sectoral agreement which protects jobs, increases salaries by 5.5 per cent and establishes a framework for regulating remote work, further enhancing safety, protection and perspectives for the workers in the sector. OTOE is sending a message of optimism, confidence and perspective with wider social and political implications.”
The deal, which was signed on 1 April 2022 and approved by the General Council of OTOE, comes after three months of difficult negotiations. It is the only national collective agreement that includes a clause to protect workers against redundancies. The main achievements of the agreement are:
Angelo Di Cristo, Head of UNI’s Finance sector, was in the Greek capital acknowledged OTOE’s win saying:
“OTOE showed the determination to defend the institution of national sectoral collective agreements, so that workers have a satisfactory, fair and decent working conditions.”