Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Amsterdam_Zuidoost_ING-Bank_02_PM07
- Credit: ING building in Amsterdam Zuidoost (Picture: Wikimedia Commons/Pieter Delicaat)
Business
ING
collective bargaining agreement
FNV
CNV
De Unie
paternity leave
volunteer work
wage increase
Tuesday, 18 July 2017 - 12:00
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

ING to give employees 1 month's paid paternity leave

ING employees in the Netherlands will soon have the right to a month's paid paternity leave at the birth of a new child, according to the new collective bargaining agreement the bank made with unions FNV Finance, De Unie and CNV Vakmensen. This appointment also applies to non-biological mothers, NU.nl reports.

In addition to the month's paid leave, new fathers and non-biological mothers can also take up to three months of unpaid leave to care for their new child. The bank and unions also agreed that the over 14 thousand ING workers will get a 1.7 percent salary increase in September.

The agreement also states that employees can have 1.5 days of paid leave annually for holidays they find important. Employees over the age of 60 years can do volunteer work one day a week without any detrimental effects on their income or pension fund. The bank will cover 375 euros per year on training for each employee, and this amount will double if the employee signs up for ING's training program.

Maarten van Beek, staff director at ING Nederland, called the agreement a "nice negotiation result", according to the newspaper. He said that the new collective agreement contains modern working conditions "that cover the different phases of employees from the first working day to the day they retire". "It is becoming increasingly important for employees to take control of their own career and to keep developing their professionalism, to be independent and to decide where to use their professional skills", he said.

CNV negotiator Ike Wiersinga pointed out that the financial sector is still under pressure. "Many jobs disappear and unfortunately the end is probably not yet in sight. Therefore it is good that ING has been investing in training for years", the negotiator said, according to NU.nl. "With the individual learning account, which we strongly advocated for, employees get even more opportunities to take control themselves."

Union FNV is satisfied with the new collective agreement. "Given the circumstances, this is an acceptable wage increase", Gerard van Hees said. According to him, past years' wage increases only served to recover purchasing power. He is also positive about the opportunity for older workers to do volunteer work. According to him, this doesn't only help charities, but also creates another 80 jobs at the bank.

The collective bargaining agreement takes affect on January 1st, 2018.

Follow us:

Latest stories

  • AZ-Utrecht ends in an incredible 5-5 scoreline; PSV back to winning ways
  • One person found dead after major fire in business premises in Schellinkhout
  • Ajax pick up their first win since October in Heitinga’s debut
  • Philips restructuring: Massive layoffs and recall of sleep apnea devices
  • Police officer injured after being dragged more than 300 meters by car
  • Extinction Rebellion protest: 768 arrests made and 725 activists released

Top stories

  • Dutch royal family under fire for “caricature insensitivity”
  • Prime Minister Mark Rutte will speak at Holocaust commemoration
  • A12 open again after Extinction Rebellion protest, more than 500 people arrested
  • Police intervenes Extinction Rebellion protest on A12; Dozens of people arrested
  • Rutte lashes out at left wing parties in election campaign interview
  • Netherlands and the US agree on export restriction of ASML chip machines

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content