What is the current collective labor agreement and social plan period?
The collective labor agreement applies from July 1, 2024 to July 1, 2026 (duration 2 years). The social plan started on 1 Januari 2025 and runs for 18 months, so until mid June 2026.
What structural salary increase has been agreed?
- 6% as of July 1, 2024
- 3,75% as of July 1, 2025
What about the valuation premium and periodic payments?
There is a annual valuation premium of 2,5–5% agreed upon, national and scale-independent, unless there is insufficient performance. This is paid annually around March. In addition, there is now a fixed scale growth of 2,5% per year, regardless of job evaluation.
Pension and pension premium
What do the pension agreements look like?
- For 1 Januari 2025 a premium of applies 30% of the pension basis.
- For 1 Januari 2027 the solidarity premium scheme comes into effect.
A transition plan for the pension transition has been drawn up by all social partners.
How is the pension arranged and what will change soon?
- The active pension scheme (CDC) has a fixed premium, with the aim of building up 1,875% per year for old-age pension and 70% of this as partner's pension; orphan's pension via a 20% scheme.
- Collective labor agreement start January 1, 2025: pension premium 30 % of pension basis, fixed for 5 years.
- As of January 1, 2027: transition to a solidarity premium scheme.
- The pension commitment is subject to fund policy and can be adjusted in the event of a low funding ratio.
Hybrid work
How is hybrid working regulated under the collective labor agreement?
- Agreements (Article 4.3.3): You largely choose where and when you work (office/home/elsewhere), provided your work permits and in consultation with your manager and team. Work must generally be performed in the Netherlands; external work via the Global Mobility Centre is possible.
- Employees create a schedule for a quarter to a year, with days off in half-day increments; this must be balanced in terms of team and company interests.
- De Unie reports that departments (as is currently the case) require employees to be in the office two to three times a week on fixed days. This conflicts with the collective labor agreement, and now De Unie discuss this with the bank.
What benefits apply to working from home?
- Home work allowance: € 3 net per working day At home.
- Internet fee: € 25 net per month, even in case of illness in the first two years.
Leave of absence
What does the extra day off entail?
Every employee gets an extra day of leave the Friday after Ascension Day.
Which leave arrangements apply?
- Holidays: organized according to quarterly schedules, including holidays; excess leave expires upon termination of employment or when transferring outside C&C jobs.
- Union-free: executives up to 10 days per year, ordinary members up to 4 days per year, plus 6 additional days for union training.
- Extra: day off on the Friday after Ascension Day.
- In case of death: benefits for survivors; medical appointments can be made during working hours.
Mobility
What does the mobility scheme look like?
- ABN AMRO offers a pay-per-use transport scheme: you choose every day between train, bicycle or car; you get € 0,30 per km for cycling kilometers, € 0,23 per km for car kilometers.
- Free travel by public transport in the Netherlands, both privately and for work.
- Based on collective labor agreements and social policy: the bank is working on transition programs to other sectors (such as education, healthcare/welfare) for sustainable employability.
Sickness absence
When should you report that you are ill?
- Report your first sick day before starting work; available between 11.00:16.30 AM and XNUMX:XNUMX PM (unless otherwise agreed); may be offered other suitable work; medical appointments during working hours are permitted within reason.
Do I keep my internet allowance if I am ill?
Your internet allowance will continue for two years of illness, unless there is no remaining earning capacity.
Social plan
Who does the Social Plan 2025–2026 apply to?
The Social Plan applies to employees of ABN AMRO Bank NV, ABN AMRO Arbo Services BV (Beter), and ABN AMRO Asset Based Finance NV, with an employment contract, based in the Netherlands, and classified in salary scales 2 through 15. It applies to redundancies between January 1, 2025, and June 30, 2026.
What does the bank offer in the area of sustainable employability?
You can access career tools, assessments, training, and guidance through Talent2Grow. There's a special focus on those aged 55 and over, and employees with a non-Western background or disability.
What happens if I do not choose to leave with a departure bonus?
You will then be placed within the Mobility Organization. You will retain your employment benefits, receive guidance in finding suitable work, priority over internal vacancies, and receive an additional Mobility budget of €2.000. The placement lasts a maximum of six months.
How is the severance pay calculated?
Severance pay = 1/3 × number of years of service × basis × factor 2,3 + two additional months' salary/salary supplement. The result is capped or reduced on your state pension (AOW) date, depending on your situation.
What is the basis for the severance payment?
The basis consists of your salary, the Benefit Budget (11% of your salary), and – if applicable – salary supplement, remuneration supplement, roster supplement, and on-call supplement. Supplements are calculated based on the average of the past 36 months. Salary reductions due to illness do not count.
Will I receive a severance payment if I am placed in the Mobility Organization?
Yes, if you leave after or during your placement with the Mobility Organization, you will receive 65% of the severance pay (as calculated under 5.2b), capped at your state pension (AOW) date. In that case, you are not entitled to buyout employee benefits on mortgages.
Where can I read the entire Social Plan?
You can find the complete Social Plan download here
De Unie
Who will look after my interests at ABN-AMRO?
interests of members De Unie at the negotiating table are represented by:
Harma Pethke
She does this together with an enthusiastic and highly committed group of executives who work at ABN AMRO itself.
Harma Pethke
She does this together with an enthusiastic and highly committed group of executives who work at ABN AMRO itself.
Harma Pethke is a senior advocate and chief negotiator on behalf of the trade union De Unie at various companies. She has been a negotiating partner at ABN AMRO for quite some time. She is also active at companies including asr, ASN Bank, VGZ, and Athora.
Her broad knowledge of finance keeps her sharply focused on what's happening on the shop floor and within the sector. She also has a keen eye for current employment conditions developments.
Do you have any ideas or questions? Email her via harma.pethke@unie.nl.
How can I exert influence?
Members of De Unie with at least a full membership have a direct influence on their collective labor agreement, social plan and pension.
Not a member yet? Did you know that as an ABN AMRO employee you can become a member for free for one year? De UnieAs a member, you also gain influence.
If you have already taken advantage of this offer, we also have a special offer for you.
Register now as a member of De Unie!
Join for free!
