Portugal - Back to full wages at BCP bank - August 31, 2017

Workers at the BCP bank who earned more than 1,000 euro have had their wages cut by between 3 percent and 11 percent for the past three years as part of the restructuring package agreed with the EU following the bailout, which also involved closing branches and laying off thousands of workers in a programme involving early retirement and mutual agreement dismissals. The bank has announced that it will start paying its workers their full wages from July 2017 on.  

English: http://www.theportugalnews.com/news/bcp-to-start-paying-full-wages-again ...  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. 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 www.etui.org, and on the AIAS at www.uva-aias.net.

© ETUI aisbl, Brussels 2016. All rights reserved. We encourage the distribution of this newsletter and of the information it contains, for non-commercial purposes and provided the source is credited. The ETUI is not responsible for the content of external internet sites. The ETUI is financially supported by the European Union. The European Union is not responsible for any use made of the information contained in this publication.
This email is sent from www.etui.org.

News Archive