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ESBG and European Sectoral Social Dialogue

​​ESBG and the European Sectoral Social Dialogue

ESBG is a Social Partner on the employers' side, together with EBF and EACB in the European Sectoral Social Dialogue in the Banking Sector. UNI Europa is the Social Partner on the workers' representatives' side. The ESBG Human Resources Network is consulted on an ongoing basis in this framework.

 

About the European Sector Social Dialogue Committees (ESSDC)

The Sectoral Social Dialogue Committee for banking was set up in 1999 as part of the ESSDC, which were introduced by the European Commission in 1998. The committees play a role not only in European public policymaking but also in developing more independent bilateral relations and eventually concluding agreements. As these committees can influence policymaking at EU level and form joint opinions, conclude joint texts and agreements, among other functions, they potentially have a role in issues related to the development of their industry.

EU banking sector employment

In the European Union, around 3.7 million people are employed in the banking sector. Major challenges include the changing legislative framework as a result of the global financial crisis and the Eurozone crisis, bank supervision, image of the industry, digitalisation and professional ethics linked to the issue of variable pay in the sector.

Focus areas and projects for European Sectoral Social Dialogue in the Banking Sector

The committee currently focuses on:

  • Mapping exercise-data collection of general employment data as part of the project ''impact of banking regulation on employment'',

  • Skills

  • 'Telework in European Banking Sector' joint declaration (2017)

  • Foreseen 'Joint Declaration on Digitalisation'

The topic of lifelong learning was discussed extensively in the context of a dedicated project on lifelong learning.


>> More information on Sectoral Social Dialogue at European Commission website