Monday, October 11, 2010

Flashy Flashers Case Solution

B as a bank - UniCredit has a map of the unions as early retirement

B as banks - UniCredit has a map to the unions' early retirement

From the "Sole 24 Ore" of Saturday, October 9 2010, page 25

Banks - the company has presented the unions requests for voluntary redundancies divided society

Map of redundancies UniCredit

In Network 60% of 3 thousand early retirement - The rock of recruitment

Nicola Borzi

Get in on the negotiations between the unions and UniCredit organizational model that provides One4C 3 thousand redundancies in the period 2011-13. The "counter" with the Italian re-direct incorporation into UniCredit SpA Bank of UC, UC Banca di Roma, Banco di Sicilia , UC Corporate Banking, Private Banking UC, UC Family Financing Bank e UC Bancassurance M&A . L’azienda ha trasmesso a DirCredito , Fabi , Falcri , Fiba/Cisl , Fisac/Cgil , Silcea , Sinfub , Ugl Credito e Uilca una mappa dei dipendenti che entro il 2013 matureranno il diritto alla pensione.

Il 60% circa fa capo alle tre società che gestiscono la rete degli sportelli,  UniCredit Banca di Roma (800 dipendenti che entro il 2013 avranno i requisiti e anche la "finestra" di uscita), UniCredit Banca (373) e Banco di Sicilia (245). Another 15% is owned by corporate (302) and private banking (54). The rest is distributed between holding (161), centralized production (300), IT companies (62) and other companies (167). There are 2464 positions with those who reach the 3203 accrued pension by 2013 but will go there in 2014.

The company offers a first-stage agreement on timing, methods and incentives for early retirement, as well as on new inputs that splits between the stabilization of unstable (UniCredit will also include apprentices) and new recruits. These would be conditional to the achievement of redundancy. If 3 thousand voluntary redundancies were not reached, the mandatory open UniCredit (without incentives) for employees in the three years that will accrue pension rights.


The company would like then a second phase of negotiations (on mobility, frameworks and other issues) during collection of support for early retirement. For which UniCredit has two levels of incentive: those who accept the output since the vesting requirements would receive a bonus and for 12 months until the "window" for an advance of 70% of final salary, and who chooses to leave only the first "window" discount a reduction of 50% bonus and after completion of the requirement, would not receive more incentives and company bonus.

Upon reaching three thousand voluntary redundancy UniCredit stabilize 1,077 trainees, 158 employees and 590 temporary or seasonal contracts administration. It would then answer to the 600 already planned out the Solidarity Fund and windows blocked by the postponement of retirement. It is unlocked by other recruitment companies in crisis such as the Delta group and Telematic Services Sicilians in Palermo, and 121 inputs provided by the 2008 still outstanding. If the positions on a voluntary redundancy scheme are quite close (still the issue of bonuses), are far apart on new jobs.

Some abbreviations do not accept that apprentices are considered temporary because they already work and their permanent employment would not increase the input, leaving unresolved the nodes of the network staff. Another stumbling block is the proposed business does not pay for new employees, for the first four years, the so-called corporate welfare (subsidies, social security and health integrative benefits of bank services and loans). That's why you will need new experiences.

(See previous posts on UniCredit)

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