New banking contract signed, 435 euro increase

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By John

Unions, Abi and the Intesa Sanpaolo group have signed the renewal of the national collective labor agreement for the 270,000 Italian bankers. The new contract will expire on March 31, 2026. Among the main points of the agreement: 435 euros of average monthly increase in salary, starting from next December, payment of arrears for the period July-November of this year with an average of 1,250 euros, full restoration of the basis for calculating severance pay starting from 1 July 2023. Weekly working hours, reduced by 30 minutes , drops to 37 hours from July 1, 2024.