The 5th Endesa Collective Bargaining Agreement: What You Need to Know

Endesa, one of the largest energy companies in Europe, recently signed its 5th Collective Bargaining Agreement (CBA) with labor unions representing its employees. The agreement will be in effect until 2024 and covers a wide range of topics, including salaries, benefits, working conditions, and training programs.

Here are five things you should know about the 5th Endesa CBA:

1. Salary increases: The agreement includes a salary increase of 2.2% per year for the next four years. This means that Endesa employees will receive a wage increase that is above the inflation rate, which is around 1-1.5% in Spain.

2. Flexible work arrangements: With the rise of remote work and the need for greater work-life balance, the 5th Endesa CBA includes provisions for flexible work arrangements. Employees will have the option to work from home or other locations, as long as they meet certain criteria and receive approval from their supervisors.

3. Training and development: Endesa has committed to investing in training and development programs for its employees. This includes on-the-job training, language courses, and leadership development programs. The company believes that investing in its employees` skills and knowledge will help them perform better and be more engaged in their work.

4. Gender equality: The 5th Endesa CBA also includes measures to increase gender equality in the company. Endesa has set a target of increasing the percentage of women in management positions to 30% by 2024. The company will also review its pay structures to ensure that men and women are paid equally for the same work.

5. Health and safety: Endesa has committed to ensuring a safe and healthy working environment for its employees. The company will continue to invest in improving its safety procedures and equipment, and will provide training to employees on how to prevent accidents and injuries.

Overall, the 5th Endesa CBA represents a positive step forward for the company and its employees. With higher salaries, flexible work arrangements, and a focus on training and development, Endesa is demonstrating its commitment to attracting and retaining top talent. Additionally, the company`s commitment to gender equality and health and safety is a welcome development in today`s business landscape.