Crédit Agricole grants a general increase to its 77,000 employees
The deputy general director of the national federation of Crédit Agricole spoke of a “real evolution for all employees”
The approximately 77,000 employees of the regional banks of Crédit Agricole will receive a salary increase starting next month, the company announced this Tuesday, October 27 at the end of the last negotiation session with the unions. The deputy general director of the national federation of Crédit Agricole (FNCA) in charge of human resources, François-Xavier Heulle, spoke to AFP about a “relatively significant budget” and a “real evolution […] for all employees”.
The increase represents more than 3% of the payroll. It is made up of a general increase in fixed remuneration of 2.2%, with a floor of 900 euros gross per year for the lowest salaries. Added to this is an individual increase envelope of 1.55% at the hands of managers, and a possible supplement from each of the 39 regional funds concerned (as well as certain IT or training subsidiaries).
“All parties wanted to move towards a signature” “This is concrete progress which will result in additional euros for all colleagues! », welcomed the Sudcam union, one of the organizations representing staff at the negotiating table, on the professional social network LinkedIn. “All parties wanted to move towards a signature,” underlined François-Xavier Heulle, after two years of lower increases.
Negotiations, which normally take place a little later in the year, were brought forward by a month to respond to concerns about employees' purchasing power, highlights Crédit Agricole, with application from November 1 and not at the start of next year. Management and unions have also planned to meet again if inflation, measured at 3.1% over one year in September in France, “changes much more than expected next year”, affirms François-Xavier Heulle. BNP Paribas opened the traditional obligatory annual negotiations (NAO) two weeks ago by granting the first salary increase in three years to its employees.
French banks instead resorted to one-off or individual salary increases at the end of last year, with mutual banks being more generous.
Machine-translated from French
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