Telefónica agrees on the ERE with the unions by raising the compensation ceiling to 68%

White smoke. Telefónica has reached a first agreement with the union organizations to close the Employment Regulation File (ERE) for just over 3,400 employees after the last two reductions with a compensation cap of 68%, identical to that of the sick leave plan (PSI). . of 2021 although with important fine print. The registration period starts on January 9 until February 8 and departures will be mostly on February 29, although the window will be open until the end of March 2025.

Specifically, in the meeting held this Thursday the total number was reduced by 148 employees, placing the total at 3,411 -2,958 in the Telefónica de España subsidiary and the rest for Móviles y Soluciones-. This represents 1,700 less than the initial proposal that the telecommunications operator put on the table. This was one of the great demands of the unions. The other has to do with economic conditions and this week there have been important advances.

For people born in 1968 (55 years old), the income to be received with compensation will be 68%, which means equaling the limit set out in the Discharge Plan. But with a salvation, the latter was until the retirement age and in the case of this ERE it is cut by 38% from 63 to 65 years of age. For those born between 1964 and 1967, 62% of the salary will be given and 34% in the last two years. For the most veterans it will be 52%. The voluntary bonus amounts to 10,000 euros.

This agreement is requested under two conditions, as explained by the organizations in the official statement. One is the approval in their respective assemblies of this principle of pact. And another is the collective agreement. “We are waiting to hear about the progress in the negotiation of the agreement, whose next meeting is scheduled this afternoon,” says UGT, which insists that the company will agree to maintain the guarantees and rights, but will introduce improvements in working and social conditions. . Of the template.

Although the company’s initial plan was to transport departures during the three years of validity of the strategic plan, the reality is that the bulk of the movement will occur in the month of February, according to this principle of agreement between the parties. Specifically, the registration period will be between January 9 and February 8. The company’s response will be on February 14, with departures “mostly” being on February 29. “The ERE will be open until March 31, 2025,” he says. The window will be left open until March 2025, although it is unclear how those later layoffs will take shape.

With this improvement in conditions, the company will try to increase voluntariness. However, as had already been hinted at in recent meetings, the unions have accepted that there will be forced departures in the event that the agreed number of departures is not reached. “If the established number is not reached, there will be forced departures from surplus areas due to age,” they point out.