Banks Unions Approval Platform | Frontaliere Ticino
Banks Unions Approval Platform — free tools and expert guides for cross-border workers (frontalieri) between Switzerland and Italy. Compare salaries, tax, LAMal health insurance, pensions, and cost of living in Ticino. Updated 2026.
Context
Banks and unions agree on wage increase and reduced working hours The platform was approved under the Federal Labor Law (LFL) of 1943, which provides for the possibility of negotiating collective contracts between trade unions and companies. The platform was approved with a large majority during an emergency meeting between union representatives and banks, held in Lugano on March 20th. Future Perspective The platform provides a series of operational check-lists to ensure its implementation. These include: Creation of an evaluation commission to monitor the application of the platform Preparation of a communication plan to inform workers and banks about the platform Creation of a solidarity fund to help workers who have been laid off or forced to resign due to changed market conditions The platform also provides for a comparison between practical scenarios to ensure that workers are treated fairly. These include: Comparison of working conditions between banks and other financial sector companies * Preparation of an update plan to ensure workers are always informed about new working conditions In summary, the platform provides for an increase in salaries and a reduction in the weekly working hours for bank workers. The platform also intervenes on the theme of expanding the contractual area and introducing stricter limits on outsourcable activities. The platform was approved with a large majority and provides a series of operational check-lists to ensure its implementation.
Operational details
Banks and unions agree on salary increases and reduced working hours The approved platform provides for a monthly salary increase of 518 euros and a reduction in weekly working hours from 37 to 35 hours. These measures are considered a priority to redistribute the wealth produced by the sector and concretely improve the quality of life of those who work. In particular, the increase of 518 euros per month represents a 12% increase compared to the current salary, which should be paid to all bank employees, including those at service points in towns such as Bellinzona and Lugano. This increase should be financed through a combination of price increases for banking services and reductions in administrative expenses. The reduction in weekly working hours from 37 to 35 hours is another important aspect of the platform, which should be implemented within the next 12 months. This measure should help improve the quality of life of employees and reduce the fatigue and stress caused by excessive working hours. The platform also addresses other structural aspects, such as the expansion of the contractual area and the introduction of stricter limits on outsourced activities. The expansion of the contractual area should allow the platform to be extended to all bank employees, regardless of their geographical location or role. Furthermore, the platform provides for the creation of a solidarity fund to help employees who are experiencing economic difficulties. This fund should be financed through a combination of contributions from the bank and the employees themselves. The platform has received widespread approval from the unions, which have described the measures as 'an important step forward in improving the quality of life of employees'. The bank has also expressed its suppor...
Key points
Banks and Unions Agree on Salary Increase and Reduced Working Hours The platform approved by Ticino's banks and unions will now be put to a vote by employees in assemblies. It's worth noting that the platform also intervenes in other structural aspects, such as the expansion of the contractual area and the introduction of stricter limits on outsourcable activities. To delve into the platform's aspects and understand how it applies to your situation, we recommend consulting the salary calculator and contacting an expert from the Ticino Canton's public services. The platform provides for a 2% increase in salaries for all Ticino bank employees, starting from September 1st. This means an employee with an annual salary of 60,000 Swiss francs can expect an annual increase of 1,200 francs, totaling 61,200 francs. Additionally, the platform provides for a reduction in working hours by 30 minutes per day, totaling 15 minutes per day for employees with an 8-hour workday. The platform also intervenes in other structural aspects, such as the expansion of the contractual area and the introduction of stricter limits on outsourcable activities. This means Ticino's banks will have to adopt new procedures to manage their outsourcable activities and also increase the number of employees with open-ended contracts. The platform was approved by the Swiss Banking Association (ABS) and the Banking Workers' Union (SLB). The platform underwent numerous negotiation sessions between the parties involved, with several concessions made by both sides. Operative Checklist To delve into the platform's aspects and understand how it applies to your situation, we recommend: - Consulting the salary calculator to calculate the impact of the 2% increase on your salary - Contacting an expert from the Ticino...