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Unicaja: demand for early retirement doubles the bank's offer

The Malaga-based bank launched a retirement program for employees over 57 years old at the beginning of the year, which covers 73% of the annual fixed gross salary.

Translated from Spanish Read in Spanish

Unicaja: demand for early retirement doubles the bank's offer

Unicaja has launched a voluntary retirement program for employees over 57 years old, offering 73% of their annual fixed gross salary. The program, which aims to encourage 100 employees to leave the bank, has received more applications than available spots, with some employees already leaving and others set to depart in December.

The bank has set aside €27 million to cover the costs, with beneficiaries receiving an average of €270,000 each. The program is part of a larger strategy to incorporate new talent and skills, with Unicaja planning to hire up to 350 professionals in key roles by 2027. Similar programs have been implemented by other banks, including Sabadell and Santander.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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