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SOCIAL PACT AND SOCIAL DIALOGUE BANKING Foundation – Procedures – Achievements – Future Challenges Tuesday 8 September 2015 – European Economic and Social Committee, Brussels

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AGENDA

Foundation: The Social Partners and Reason for Existence of Social Dialogue Banking

EACB ESBG BCESA

Procedures: Framework Secoral Social Dialogue

Achievements Past Achievements Current Projects

Future Issues

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Foundation: The Social Partners and Reason for Existence of Social Dialogue Banking

EACB

ESBG

EBF-BCESA

Commiision decided 20 May 1998 (98/500/EC) to “Adapt and Promote the Social Dialogue at Comminity Level”.

On 8 December 1998 EACB, ESBG and EBF-BCESA submited a request to the Commission to establish a Social Dialogue Committee in the Banking Sector.

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Foundation: The Social Partners: BCESA

Who is at BCESA Representatives who are responsible for in Social Affairs and actively negotiating at National Level

From

National Associations competent in Social Affairs

Why?

Commission requires that EU-Social Partners are connected to national social dialogues

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Foundation: Framework Secoral Social Dialogue (1)

European social dialogue refers to discussions, consultations, negotiations and joint actions involving organizations representing the two sides of industry (employers and workers). It takes two main forms:

a tripartite dialogue involving the public authorities,

a bipartite dialogue between the European employers and trade union organisations.

This takes please at cross-industry level

sectoral social dialogue committees.

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Foundation: Framework Secoral Social Dialogue (2)

Strong institutional recognition Art. 152 TFEU: Union recognises and promotes the role of

social partners at Union level + Tripartite Social Summit

Article 154: promotion of consultation of European social partners by the Commission and balanced support for their dialogue

Article 155: agreements concluded by social partners

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Foundation: Framework Secoral Social Dialogue (3)

The Commission decided 1998 on the establishment of sectoral dialogue committees promoting the dialogue between the social partners in the sectors at European level (Commission decision of 20 May 1998 – 98/500/EC).

Precise provisions concerning the establishment, representativeness and operation of new sectoral committees, intended as central bodies for consultation, joint initiatives and negotiation.

Sectoral social dialogue committees are established with due regard for the autonomy of the social partners. As far as possible, organisations should be representative of all EU Member States, while their national members must be recognised as social partners in the respective countries.

The sectoral social dialogue committees consist of a maximum of 66 representatives of the social partners, comprising an equal number of employers' and workers' representatives. They are chaired either by a representative of the social partners or, at their request, by the representative of the Commission, who, in all cases, provides the secretariat for the committees.

Each Committee adopts its own rules of procedure, holds at least one plenary meeting per year.

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Foundation: Framework Secoral Social Dialogue (4): Typology of Results

Agreements establishing

minimum standards

Process-oriented texts

Joint opinions and tools: Exchange of

information

Framework agreements

Autonomous agreements

Frameworks of action

Joint opinions

Guidelines and Codes of conduct

Policy orientations

Joint Declarations

Tools

Implementation reports

Follow-up reports

Information Dissemination

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Foundation: Framework Secoral Social Dialogue (5): Rules of Procedure

Rules of Procedure drawn by stakeholders of SSDB are crisp and open, current version of 21. November 2014

Have to be put in context to Cyprus Declaration in SSDB where it was agreed that Social Partners are free to raise and present any issue of their concern at a meeting

This does not imply that this topic will be further dealt with by social partners. Such action would require to reach consent among social partners about scope, content, proposed outcome etc.

Aim: Give opinions to Commission and promote and develop Social Dialogue

Social Partners have left the Chairing of the SSDB-Committee to the Commission despite the possibility to establish another framework. With respect to transparency and work load this has so far not been attractive.

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Achievements: Past Achievements

IT-Employability Conclusions/

(2001)

Enlagement 1 (HU ,CZ, PL, 2000/2001)

Enlagement 2 (Malta, Cyprus,

Slovakia, Slovenia, 2002)

Lifelong Learning

Declaration

CSR Declaration (2005)

LLL (FU) Conference and

Declaration (2014)

Demography (finalized text not approved

by UNI)

Enlargement 3 (Kroatia, RO,

Bulgaria, 2013)

Non-Banks Phenomenon

(Joint Statement)

CSR-Follow-up Declaration

(2014)

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Achievements: Current Projects

SSDB project 2015-2016 :

Impact of the banking regulations on employment in the sector

Start with mapping exercise

LLL/Enlargement

Finalization of LLL Follow-up

Dissemination of Text/Conference 6 November 2015

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Future Issues (1): ILO Work Program 2016/2017

EU Work Programs including issues relating toSocial Pact for Sustainable Finance are affected by international priorities as well

2015/2016: IOE Conference Services sectors: A Global Dialogue Forum on the challenges and opportunities of teleworking for workers and employers in the ICTS and financial services sectors.

EU context: Agreement on Telework in SSD Insurance signed on 10 February 2015

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Future Issues (2): Commission Priorities with impact SSDB

Improving the gender balance among non-executive directors of companies listed on stock exchanges and related measures (2012/299 (COD). Discussion at council level are blocked; Discussion at working party level resume.

EU Quality Framework for anticipation of change and restructuring COM (2013) 882 final launched on 13.12.2013. The Commission calls for implementation of the QFR through appropriate means The Commission will monitor and consider the need to revise it by 2016.

Pensions: ongoing work by the pension forum. The EBF-BCESA considers opportune to follow the proposed code of good practice for occupational pension scheme and its follow up action.

Commission’s Communication on an EU Strategic Framework on Health and Safety at Work 2014-2020 Health & Safety strategic Framework COM(2014) 332 final published on 6 June 2014. Identifies key challenges and strategic objectives for health and safety at work

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Future Issues (3): COM and EP: New Start for Social Dialogue

5 March 2015: High level Conference on New Start for Social Dialogue: The new Commission has given a new impetus to the social dialogue. Social partners encouraged to find solutions to actual jobs & economic crisis How the social partners envisage their active involvement in President Juncker's

political priorities for the European Commission as set out in the document "A new start for Europe: My agenda for Jobs, Growth, Fairness and Democratic Change"?

How could the involvement of European and national social partners in the European Semester be further strengthened?

How to further support the functioning of industrial relations and social dialogue at EU level and in the Member States?

Juncker: “My goal is to reduce divide between EU & ordinary people, highlighting social dimension of EU is crucial to do so”

Schulz: “If we want a social market economy in Europe, we need a European - I repeat - a European social dialogue.”

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Future Issues (4): Unions have diverse approaches to new challenges

NFU Conference, Oslo 28 May 2015: Financial Sectors for Sustainable Growth: “We have seen a wave of new financial regulation for both banks and insurance companies creating better stability in the markets. Much has been needed and good, but some of it risks creating less financial sector diversity, and administrative burden for employees. In the face of these challenges and of the digitalisation and rapid change of the financial landscape, the participants agreed on the need to take the basic values of traditional finance – trust, consumer focus, stability and local connection – into the future of finance.”

FISA/CGIL EU Project on a “Trade-union approach to productivity, competitiveness and social sustainability of the banking industry in Europe”: “in order to achieve ideal operating results in this time of crisis, banks should give the priority to increasing revenues and to achieving a balanced distribution between the different sources of revenue (brokerage revenues, service revenues, other).”

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Summary

Sectoral Social Dialogue in the Banking Industry is well established

Social partners demonstrated over the years a very good prediction of the issues that will become important (e.g. IT-Emplyability –> Digitalisation, New Bank Phenomenon -> NON-Bank Competition, Digitalization, Enlagement Projects -> Capacity Building, CSR -> CSR Commission Initiative, and the newest: Banking Regulation Impact on Employment will become basis for social/employment impact assessment by regulators)

Solid basis established to inquire into issues relating to a Social Pact for Sustainable Finance

Experiences of national collecive negotiators have to be incresingly visible on EU-level because of new role of (Sectoral) Social Dialogue under the new Commission

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For more information

Dr. Jens T. Thau, M.C.J.

bcesachairmanship@ebf-fbe.eu

European Banking Federation

Avenue des Arts 56, B-1000 Brussels

European Transparency Register ID number: 4722660838-23.

+32 (0)2 508 37 11 | info@ebf-fbe.eu | @EBF_FBE

www.ebf-fbe.eu

Cover image: European Space Agency