Telefónica improves conditions and proposes extending the ERE reduction to 10% in the parent company and two subsidiaries
Management and unions of Telefónica resume the negotiation of the employment regulation files (ERE) with a new proposal for three of the seven affected subsidiaries – Telefónica Global Solutions, Telefónica Innovación Digital and Telefónica SA, the parent company. After a first contact that resulted in a proposal for a 5% reduction in the impact of the 751 departures initially proposed, the group proposes an additional reduction of another 5% that leaves on the table a 10% reduction in total volume with 676 outlets (126 in Solutions, 210 in Digital Innovation and 340 in Telefónica SA).
In addition to reducing the impact, the company accompanies its proposal with a series of improvements in conditions, among which the most notable possibility of joining the adjustment to the template born in 1971 (in addition to the one born in 1970 and earlier) and a new income table. In the latter, Telefónica offers employees born from 1969 to 1971 an income of 68% regulatory salary until age 63 and 38% until age 65. To the previous generation, those born between 1965 and 196862% up to the age of 63 and 34% between 63 and 65. Finally, those born in 1964 and earlier yearsoffers an income of 52% up to age 63, which is reduced to 34% between 63 and 65. Likewise, the proposal transferred to the unions includes voluntary bonuses that range between 2,500 and 9,000 euros depending on age.
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