On 25 April 2017, at its Annual General Meeting, the Chairman of LCGB-SESF, Gabriel Di Letizia, met with many trade union members from the financial sector.
During the meeting, which featured discussions on the finance sector, Gabriel Di Letizia informed on the state of negotiations of the collective agreement for bank employees.
The LCGB-SESF has defined 5 key elements to this collective agreement:
- Increased wages and a system of wage evolution which is not arbitrary;
- the revision and updating of the classification system following the evolution of trades and functions with the guarantee of a certain dynamism at the level of the quarries;
- respect for working time through correct accounting, better control of hours worked and the taking into account of atypical schedules;
- protecting jobs and improving the employability of financial sector and the training of reorientation in case of restructuring;
- the establishment of a sectoral policy for the prevention of psychosocial risks, such as work stress, in the absence of a national policy at this level.
Whilst these priorities will continue to be promoted within the common front of the three trade unions during negotiations with employers and in various working groups, delegates from the LCGB-SESF called for a faster progress of negotiations.
At this General Assembly, delegates also raised the issue of the abusive practices of many employers in the sector, who bypass the collective agreement by either classifying over 30% of employees outside the collective agreement, and/or through the significant development of contracts via external providers (outsourcing), contractors or trainees who do the same work as any normal employee of the company, but with different conditions.
As such, the LCGB-SESF considers it urgent that the Minister of Labour and Employment deals with these issues.
