Caixa Geral de Depósitos confirms that the minimum wage at the bank is 1,359 euros. The reaction came through an official source, after Mais Sindicato accused CEO Paolo Macedo of “ignoring reality or publicly providing false information”.
The dispute arose after Caixa Geral de Depositos announced last week that the lowest wages at the bank is 1,359 euros, with average salaries in 2021 of 2,462 euros.
Mais Sindicato denied the figures in a statement, noting that in the first four categories, salaries start from 705 euros determined by the national minimum wage, reaching, at level 4, to 989 euros in total.
Recognizing that, “in the name of the fact that CGD currently no longer hires workers for classes less than 4”, “there are workers at these levels”, with remuneration lower than those announced by the Bank, Mace Sendecato is aware.
The CGD has already responded, reiterating the figures it has made public and ensuring that “before salary negotiations ended in January 2022, there was no full-time employee at Caixa with a minimum gross wage of less than €1,300”. An official source for the financial institution wrote that “Caixa reaffirms that the minimum gross wage for its current employees and for those who have been accepted into the staff, following this review, is €1359”.
The average wage value of 2,481 euros in 2022 was also reaffirmed, an increase of 2,462 euros recorded in 2021.
The same source adds that “the average wage for retirees by Caixa Geral de Aposentacus is 1,118 euros.”
Earlier, Mays (formerly Union of Banking Workers of the South and Islands) confirmed that “the minimum admission to CGD is 4, which is equivalent to a salary of 989 euros in 2022”, noting that the bank’s CEO has a “manipulation of the situation”, with the aim of “Creating confusion in public opinion” by saying that the lowest wage in the bank is 1,359 euros (equivalent to a level five salary, plus meal allowance).
Noting that “CGD workers would very much like the minimum salary in the bank to be 1,359 euros, meaning that the salary gap between the base and the top of the table was not large and unfair,” the organization he leads said. They buy every year and they continue to fight every day to keep jobs, while the dividend always goes to higher bodies and shareholders.”
(News updated at 5:58 p.m. to include CGD’s reaction.)
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