The banking association formalized a new salary update corresponding to May 2025. It will be paid with the salaries of June.
The Banking Association on Thursday the new salary values updated for the month of May 2025within the framework of the current joint agreement. With this review, the Initial salary of a bank worker rises to $ 1,859,716.62including the Participation in sector profits (ROE).
The detail disseminated by the General Secretariat of the Banking Association indicates that the figure consists of a Base salary of $ 1,779,351.32further $ 80,365.30 corresponding to the item linked to the return on the capital of the financial system.
In turn, the Minimum bonus amount for Banking Daywhich amounts to $ 1,586,230.15although from the guild they pointed out that can be adjusted lateraccording to future updates of the agreement.
In total, May update represents a accumulated rise of 13.3% in the first five months of the year on the salaries of December 2024. the corresponding retroactive will be paid together with the June wagesaccording to the guild in a statement dated June 13.
“Once again, from the Banking Association we guarantee that the workers of the sector continue to safeguard the purchasing power of their salaries,” they said from the General Secretariat.
The review occurs in a context of high inflation and with salary negotiations that, in most unions, seek to ensure monthly or bimonthly adjustments. In the case of banking, the current parity contemplates Periodic reviews based on the consumer price index (CPI) and the performance of the financial sector.
Source: Ambito
