No. 1 in the financial sector

ALEBA now has more than 10,000 members, and is Luxembourg’s largest financial sector trade union by some distance. In the most recent employee representative elections, held in November 2013, over 65% of financial and associated sector voters chose ALEBA, including more than 700 employee representatives at over 150 companies in the Luxembourg financial sector. ALEBA has earned this resounding vote of confidence from employees over decades of open and honest union work and by adopting transparent union policies.

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Members
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Employees Representatives
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of financial and associated sector voters

A strong union is an effective union

It takes a strong and powerful union such as ALEBA to mount an effective defence of the interests of all financial sector employees. Given the many challenges confronting the sector, such as the financial crisis, restructuring, offshoring and redundancy programmes, only a strong union such as ALEBA can bring sufficient pressure to bear to ensure success. Strengthening ALEBA will ensure that it can defend employees’ interests even more effectively in the future. We are relying on your support to achieve this goal!

100 years of meticulous and competent union work

Employees know that ALEBA and its staff will defend the interests of all financial sector workers in a competent and meticulous manner. As the largest union in the financial sector, ALEBA is officially the representative union and is therefore authorised to negotiate collective agreements on its own. It has always done so in a responsible manner. This is all the more true in that ALEBA has preserved and even extended social conditions in the financial sector throughout the economic crisis that began in 2007. The banking Collective Labour Agreement (2007-2009), signed solely by ALEBA, yielded wage increases of 6.7% over three years despite a difficult economic context. The extension of this collective labour agreement (CLA) to 2010 was ultimately backed by the other unions in the sector. The banking CLA 2011-2013 was also improved, particularly with respect to the protection of employees in the event of economic redundancies. This was an important step forward in the current environment!

Before the 2014-2016 collective agreement negotiations began, the ABBL criticised every article of the existing text and called for a total rethink. For ALEBA and the other unions this was not acceptable, and they only began negotiations when the ABBL agreed to consider the 2011-2013 deal as the starting point. The negotiations fort the renewal of the collective labour agreement 2014-2016 started beginning 2017 with the objective to simplify and modernize it. Six months later, the social partners haven’t reached an agreement and have decided to reconduct the CLA 2014-2016, under a supplementary agreement 2017. The negotiations for the CCLA 2018-2020 are still under way.

The collective agreement for insurance company employees follows in the footsteps of the banking CLA and guarantees insurance sector employees terms and conditions far in excess of legal minimums. To consult the new Insurance sector CLA 2018-2020, please click here.

Guarantor of free and independent union work

Unlike political unions, ALEBA is free of all political calculation and manoeuvring. ALEBA can therefore lay claim to unchallenged credibility.  It can give the interests of financial sector employees its full attention, and need not accommodate any “political friends” either within the government or elsewhere.

ALEBA has the legal status of a non-profit organisation. You can consult its Articles of Association here:

STATUTS EN VIGEUR

Statuts en vigueur