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Salary increase for bank employees: how much they will earn in October

Salary increase for bank employees: how much they will earn in October
September 26, 2023 – 2:21 p.m.

The banking union managed to advance a parity increase to September (salary charged in October). In this way, between January and this month the increase in salaries reaches 97%.

The Banking Association (AB) reached an agreement with the business chambers to advance in September the 16.8% added to the agreed 5.2%, retroactive to August 1.

So, union workers will achieve an increase of 22% in the monthwhich will be applied to all conventional and non-conventional remuneration and additional payments based on December 2022 salaries. In this way, from January to this month the increase equal will reach 97%.

As the official statement clarifies, the increase is in advance “since if inflation exceeds 97% it will be automatically adjusted, with banking entities having to apply the corresponding retroactive salary difference.”

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What will be the bank employee’s salary in October?

In this way, the minimum initial banking salary of September, which is charged in October, will be $472,647.82, made up of the following concepts:

– $456,164.56 (initial salary) + $16,483.26 (profit sharing).

The bonus corresponding to banking daywhich is celebrated on November 6, is established so far at $406,654.92.

In addition, the union supported the increase in floor of Profits made by the Minister of Economy Sergio Massa and the elimination of the fourth category who received a half penalty in Deputieswhich particularly affects employees in this sector.

Source: Ambito

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