Type
Business expansion
Country
Spain
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

700 jobs
Number of planned job creations
Job creation
Announcement Date
18 July 2014
Employment effect (start)
1 January 2015
Foreseen end date

Description

Spanish bank Caixabank has signed a labour agreement with the unions that include the creation of 700 new jobs in 2015. At least 80% of the jobs will become open-ended contracts after two years. It is the first agreement concluded in the banking sector that contemplates the creation of jobs since the onset of the crisis. The agreement also includes an early retire schemes for workers that were born in 1957 and working life balance measures. 


Sources

Citation

Eurofound (2014), CaixaBank, Business expansion in Spain, factsheet number 77335, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77335.