Negotiations between the unions and employers on a new collective agreement for bank employees are still ongoing. However, there is now an agreement in one area.
Two months after the start of collective bargaining for state and development banks as well as several savings banks, according to the bank employers, the first step is an agreement on a collective agreement for young professionals.
The key points are a firm entitlement for junior staff to further training on the topic of sustainability and a permanent employment contract, as the Association of Public Banks (VÖB) announced on Wednesday in Berlin.
According to the information provided, 60 percent of the young people should be offered an offer to take on a permanent job after completing their training. A further 20 percent should be offered a 12-month employment contract under the same conditions. “Together with the trade unions, we have shaped a piece of the future today – the future of training in public banks and thus also of young people who choose this path,” said Gunar Feth, negotiator for the public banking employers.
Collective bargaining on other issues for the 60,000 employees of the public institutes will continue on September 22nd. The Verdi and German Bank Employees Association (DBV) are not only demanding more money for their employees. A central goal is also to lay down regulations for mobile working and home office for the time after the corona pandemic.
Verdi is demanding 4.5 percent more money, but at least 150 euros more per month for the bank employees. The DBV demands 4.8 percent more money and the reduction of the weekly working time by one hour to 38 hours.

Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.