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Career structure and conditions of employment

Regulations and other aspects

The rules governing conditions of employment in the Bank are set out in the Staff Regulations and Regulations on Pension Entitlements.

These Regulations transpose the contents of agreements signed with the trade union organizations represented in the Bank.

The Staff Regulations set out the rules governing recruitment, obligations and prohibitions, working time, leave of absence, personnel assignment, assessment and promotion, and salaries and benefits.

The Regulations on Pension Entitlements describe the supplementary pension scheme for employees engaged since 1993 and the pension plan in which the remainder of personnel engaged before that date are enrolled. The former can join the supplementary staff pension scheme run by the Bank and based on each employee’s total contributions.

Working time and part-time work

The normal working week is 37 ½ hours, spread over five days, from Monday to Friday.
The working day is 7 ½ hours.
Employees are entitled to one day off a week, usually Sunday.
Part-time positions are available for administrative employees and for production and maintenance workers with at least one year’s service, compatibly with organizational, production and technical demands. Such positions have a duration of 1, 2 or 3 years according to the employee’s preference and can be extended.
Part-time staff work either 24 or 28 hours a week spread over 5 days, with a limit of 5 hours a day (horizontal part-time), or 30 hours a week spread over 4 days, that is 7 ½ hours a day (vertical part-time).