De Unie has asked members in a survey to give their opinion on a number of important collective labor agreement topics. The survey was completed by many members and gives a good picture to the negotiating team to take the next steps.
Survey results
The most important topic is the structural salary increase. The members are clear about this. The opinion about the 5,25% structural salary increase for the year 2025 is also clear, a considerable majority finds this insufficient. The structural salary increase of 3,25% that ING offers for the second year of the collective labor agreement is received even more negatively. Almost 89% find this insufficient and reject it. The members indicate with this that De Unie must adhere to the structural salary increase. This is now 7% as of January 1, 2025 and 7% as of January 1, 2026.
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Linking performance and reward
There is a big difference between what the ING board considers important in the collective labor agreement negotiations and the opinion of the members. Pay-for-Growth and Variable Remuneration are an important part of the employer's commitment, and ING employees are negative about them.
- The proposal for Variable Remuneration is not well received, only about 2% of the target group is positive.
- The Pay-for-Growth proposal is slightly better received, but only 25% of respondents are positive about it.
Willingness to take action
We see that the members' willingness to take action is high, and that they also find it important that the actions can be carried out together with the other unions. Nobody wants a repeat of the collective labor agreement negotiations for 2023-2024.
Negotiations commitment
The executives want to make a serious attempt on 2 December to reach an agreement with ING and the other trade unions. We believe that we are obliged to have done everything to make the negotiations a success. That is why we want to take a step on 2 December to come closer together. The previous day of negotiations, the proposal was improved on behalf of the ING management. And now it is up to us to show “good will”.
We have decided to accept our profit sharing proposal for this collective labor agreement to drop. This is a big step because in the proposal of De Unie this component represents a value of 4%. But we find it justified because the profit-sharing scheme can be reintroduced in the next negotiations. Due to the large, multi-year backlog in salary development, the structural salary increase has become much more important to the members. Uncertain remuneration components such as profit sharing are now less valued.
Naturally, we start the negotiations by emphasizing how great the frustration of employees is about the fact that the management of ING shows time and again that it primarily serves the interests of the shareholders. And that an organization where profit is so prominent has every interest in letting the employees share in this profit.
With this compensation we are taking a big step towards the ING management and showing that we want to work this out together.
How further
- Day 2 of negotiations for your ING collective labor agreement will take place on December 2024, 6.
- Day 3 of the collective labor agreement negotiations is on December 2024, 7.
As soon as there is more clarity, you will receive information about this from De Unie.
Retirement
Another important topic is your pension. The ING Pension transition plan is up for vote. This concerns the new premium scheme, including the introduction of the ING CDC pension fund and the conversion of the ING Pension Fund to a scheme that fits under the new pension law (Wtp). You can watch the webinar on Friday 29 November here look back. Have you voted yet? You can do so until Sunday 8 December.
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Contact
Do you have any questions about this message? Or do you have any questions about the ING Pension transition plan? Please contact us by sending an email to: inge.de.vries@unie.nl
