13/12/2021 - ABN Amro Bank NV: ABN AMRO and trade unions close agreement on new CLA and Social Plan

ABN AMRO and trade unions FNV Finance, CNV Vakmensen, De Unie and Our NEXT Move have closed an agreement covering a new collective labour agreement (CLA) for a six-month period and an (almost) unmodified three-year extension of the current Social Plan, both of which are to take effect on 1 January 2022. The trade unions informed the bank today that their members voted in favour of the negotiated result that was reached on 25 November.

The new CLA provides terms and conditions for topics including structural allowances for working from home and using the internet at home. Moreover, new parents will be given four weeks of parental leave on full pay starting in August 2022 and the bank is starting a pilot that lets employees swap two public holidays for two days off on occasions that bear significance to their religious or philosophical beliefs. The current Social Plan is being extended (almost) unmodified by three years.

The bank and the trade unions have also agreed that they will continue their talks regarding a possible structural wage increase in six months' time. Maintaining the bank's income levels and the development of inflation rates will play a significant role in those talks.

Gerard Penning, Chief Human Resource Officer at ABN AMRO: "I'm happy with this outcome. By leaving the current Social Plan practically unchanged and extending it for another three years, we are giving our colleagues who are facing reorganisations the certainty of a very good safety net. At the same time, we are also providing clarity on some key terms of employment, which many colleagues have been asking about for some time already, such as allowances for the cost of working from home."

Jarco de Swart