Greek banking unions make key gains in new sectoral agreement

Greek banking unions make key gains in new sectoral agreement

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:

  • A significant strengthening of the clause on Employment Protection: “The parties confirm their will to protect jobs in the sector for the next three years. Employers shall take reasonable measures to prevent redundancies for economic/financial reasons”.
  • Increase in salaries by 5.5 per cent in the next three years.
  • Introduces a basic salary (entry salary) which will exceed 1,000 euros – a first for a sectoral collective agreement of such range in Greece.
  • The first remote work framework, including the right to disconnect, in a national sectoral collective agreement in Greece. The 15-point framework provides a basis for further improvements and specifications at company level.
  • Improved and codified conditions for granting annual leave.
  • Continued financial support by employers for research and training activities, as well as for cultural and sport activities for workers in the sector.

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.”

Meetings & Events

2022

06

Oct

ICTS Steering Committee

ICT & Related Services

Timetable TBC

06

Oct

Sectoral Social Dialogue Committee Temporary Agency Plenary Meeting

Agency Workers

Venue and Timing: TBC

10

Oct

-

11

Oct

ICTS Workshop -EU project VS 2021 0041

ICT & Related Services

Cross sectoral EU project “Eliminating violence and harassment in the world of work”

The first session on 10 October 2022 (from 13h30 – 17H30 CET) will be a workshop providing general information on the topic of violence and harassment at work and the different tools that social partners have to prevent this.
The second session on 11 October 2022 (from 10h00 – 13h00 CET) will focus on the sector-specific issues and best practices in this context.
The objective of this meeting is to provide sectoral input for the UNI Europa Equal Opportunities project and for the declaration on violence to be drafted by the Telecom Social Dialogue Committee.