Banks make offer with lost salaries and leadership rejects it on the table

During the ninth round of negotiations between the national banking leadership and Finanban, on Wednesday (21), the banks presented a proposal for a lower-than-inflation adjustment, 85% of INPC. The proposal was immediately rejected by the leadership at the table.

“The banking sector, both in consultations and in councils, has made it clear that it will not conclude an agreement without a real increase,” declared the leadership coordinator, Jovandia Moreira. “These offers are disrespectful, they show disinterest and devaluation of employees who, in 2023 alone, have generated R$145 billion in profits for the banks. We will not accept the loss of salaries, starting from a very profitable sector,” he added.

Calculations by Diesse, made at the time of the table, show that the 85% adjustment proposed by Fenaban from INPC would result in a 0.57% loss in the salaries of bank employees and would place the category adjustment among the worst adjustments, in the universe of 8810 made in 2024.

“Venaban hides behind small banks so as not to make a real adjustment. He told the committee that banks represent 10% of the country’s financial institutions. We responded! First, many banks own other institutions in the financial system. Moreover, when adding up the number of companies from the two categories mentioned (banks and payment institutions), banks achieve a result that is more than 9 times larger than payment institutions, as they own 71% of the profits generated by the entire financial sector. Jovandia Moreira

The National Bankers’ Leadership also highlighted that the country is experiencing a period of economic growth, low unemployment and improved general income, factors that reinforce the trend towards reducing the population’s indebtedness, which is important for the profitability and profitability of banks. “It is disappointing to hear proposals to reduce salaries from Finaban. The banking class has already given a message about the priority of this campaign in the National Consultation of Bankers, which was carried out with almost 47 thousand people across the country, a real increase and improvements in the PLR ​​and other funds, such as meals and food vouchers, in addition to the fight against mental illness,” said the National Bankers’ Leadership Coordinator, Neva Ribeiro.

“With this behaviour, the banks are trying to push this group to strike,” Jovandia Moreira added. “When asked if they wanted to resolve the campaign through negotiation and knowing that this would require a real increase, their response was that they were committed and that they would present a proposal that included all the topics on the table to the next meeting.”

The article was published in Valor Econômico, this Wednesday (21).It appears that in the list of the 10 largest earnings in the second quarter, there are seven companies from the financial sector, five of which are banks: Itau, Banco do Brasil, Bradesco, Santander, and BTG.

Next steps

The National Leadership has approved a national mobilization day, Monday (26), which includes partial strikes in workplaces and the use of black clothing. A series of general and direct sessions will also be held during the week to enhance the organization of the bank’s employees.

Negotiations with Finaban will resume on Tuesday (27) and will continue over the next few days until Friday (30).