The association of former savings banks, the CECA, has reached a preliminary agreement with the Fine, CCOO and UGT unions for the review of the savings collective agreement, in which the entities commit to raising salaries by 11.4% between 2024 and 2026.
The review will apply to more than 55,000 workers at CaixaBank, Unicaja, Abanca, Ibercaja Banco, Caixa Ontinyent, Caixa Pollença and Cecabank, which are those affiliated to the Collective Agreement of Savings Banks and Financial Entities.
The salary increases will be 5% this year, 3% in 2025 and 3% in 2026. An additional single payment will also be added this year of 1,000 euros for each worker.
The pre-agreement, which comes after nearly three months of negotiations and worker protests, has had the support of more than 86% of the union representation. The banks and unions are now set to draft the final text in the first week of April.
Maximum increases in tables until 2026 of 14% have also been set, by agreeing on guarantees to compensate for excesses of the CPI over the 11.4% base increase. If inflation exceeds this 11.4% in accumulated terms, there will be an upward review in January 2027, with a cap of 3%.
The agreement will also modify the different professional levels, so that the lowest can only last one year, meaning the minimum salary will be around 20,000 euros.
"We trust that other organizations can join in this phase" and "we appreciate the support of the staff throughout this process," say the signatory unions.
From CECA, they value the agreement reached "positively" because "it represents clear recognition of the work and commitment demonstrated by its staff, necessary to face the coming years with success and stability."
