Collective labour agreement for banks: Reminder of the rules concerning salary increases as of 1 January 2026

As a reminder, the Collective Labour Agreement for the banking sector provides for a pay rise (for employees covered by the agreement) in January 2026 in the form of a global budget of 1%, to be distributed at the employer's discretion. This increase is calculated in relation to the reference payroll as defined in Article 15.3.

Based on Article 10 of the Banking Collective Labour Agreement, staff representatives have the right to know:

1. The amount of the reference payroll,
2. The total amount of the budget set aside for planned salary increases,
3. The number of beneficiaries,
4. Their breakdown by job category, seniority and age group,

But also useful statistics:

1. The number and percentage of employees who have not received a pay rise in three years (excluding indexation);
2. Statistics broken down by gender on remuneration (as well as the methodology used);
3. Number and percentage of employees who have not undergone training in the last two years (both employees who have not undergone any training and employees who have only undergone training that is mandatory, for example by law or by the CSSF);
4. Details of the weighting of functions.

Finally, at the request of the staff delegation, the employer shall provide it with the information necessary to enable it to give its favourable or unfavourable opinion on the provision of overtime.

Please note that this 1% is not cumulative with the 1% annual increase for ‘presumed acquisition of skills’ provided for employees who have joined the financial sector since 2018 (Article 15 of the CLA). These are two separate budgets.

If you have any questions about the application of this article or the CLA in general, please do not hesitate to contact our Coordination team.