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THREE-YEAR BUSINESS PLAN: THE UNICREDIT EUROPEAN WORKS COUNCIL CALLS FOR MORE CERTAINTY

Posted on 16 Dicembre 201620 Dicembre 2016 By Claudio Voghera

THREE-YEAR BUSINESS PLAN:  THE UNICREDIT EUROPEAN WORKS COUNCIL

CALLS FOR MORE CERTAINTY

A sustainable implementation of the UniCredit three-year plan should not exclusively safeguard the interests of the market and of the shareholders, but rather protect employees. Therefore the UEWC calls for:

  • A Social Plan with minimum standards should be developed through social dialogue at national level for all countries affected by job cuts. Such minimum standard should be:
  • no unilaterally decided lay-offs
  • staff redeployment before lay-offs
  • minimum one year vocation training for possible alternative positions before lay-offs
  • minimum severance pay in line with age, salary, seniority and social condition
  • All operations should be maintained in all countries
  • Neither outsourcing nor disposal of companies/business units should take place
  • Employees who stay should not take the burden of the implemented measures.  Personnel cuts should take place only after proper implementation of organizational and IT measures rather than before
  • Investments should be made in areas that support the business
  • Headcounts trends should:
  • be country specific
  • have a specific timeframe with starting and end date
  • Monitoring: results of the envisaged measures should be disseminated to the UEWC and country by country to works councils/trade unions in a transparent manner and via the most suitable tools
  • Timely start of the negotiation among Unicredit, on a side, and UEWC and UNI, on the other side, for the development of a  “Global Framework Agreement” for the Unicredit Group

Milan, December 15, 2016

UNICREDIT EUROPEAN WORKS COUNCIL

CAE, Evidenza

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