Luxembourg - Bank workers settle deal - June 30, 2017

Bank employees falling under a collective agreement are to receive a €400 bonus. The bargaining partners agreed to introduce this additional bonus within the framework of the definition of a collective agreement for 2017 based on the 2014-16 model. The bonus, which must benefit all bank employees who are part of the collective agreement, will supplement the earlier agreement on the maintenance of the so-called June bonus. Trade unions OGBL, LCGB and Aleba will consult their membership before signing the 2017 collective agreement.

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For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Willy De Backer For previous issues of the Collective bargaining newsletter please visit Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at, and on the AIAS at

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