The voluntary EREs have a problem: the best ones who have another job waiting...

emonseo21

When a company proposes to accept its employees into an ERE (Employment Regulation File) it must see what type of employees are accepted and those who stay are the best for the company.

An ERE is a form of dismissal that is aimed at those who are close to retiring or the best employees who can find a job quickly. Those who are not going to accept are the employees who cling to their chair and are usually not the best option for the company.


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Telefónica's voluntary ERE
Telefónica has put on the   Bulgaria Email List   table a cut of % of its employees in Spain, that is, around , employees , being the first company to cut employee costs.



Telefónica reached an agreement with the Government, UGT, CCOO and STC-UTS to assume the total cost of the ERE process, including unemployment and Social Security payment of employee contributions. The cost of this entire Telefónica operation is billion euros, that is, around thousand euros per employee .

The bases of the agreement have been an individual leave program with compensation of days per work year with a maximum of years plus seniority, incentivized separation of employees between and years old and a pre-retirement program for those over years.

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BBVA's voluntary ERE
The cost of BBVA 's voluntary redundancies is million euros, of which million are for employee departures and the rest for the closure of offices. The employees who leave BBVA are , employees with an average cost of thousand euros on average.

The bases of the BBVA agreement for the EREs have been that for employees who have at least years' seniority and who are up to years old, they have compensation of days per year worked with a maximum of year, for employees of between and , a temporary income of % of their salary has been agreed upon until they are years old.

For those employees who are between and years old, they have a compensation of times % of their salary with a maximum of thousand euros, and a temporary income of thousand euros per year until they reach the age of

For those people under years of age at the end of and who have been in the banking entity for less than years, they have compensation of days per year worked, in addition to a voluntary bonus of thousand euros per three-year period, bonuses of between and thousand. euros according to their seniority, a bonus of thousand euros for difficult relocation and for those who are over years old they will have an increase of % annually until they are years old.