Continued: Notice period typically provided to employees and their elected representatives prior to implementing significant operational changes
that could affect them substantially
Notice period
specified in Legal
Country collective number of Notes
bargaining days notice
agreements
National regulations do not specify the number of weeks notice typically
provided for consulting employee representatives. The information must
be provided to the Works Council as soon as management makes any
Germany no no decision, thus making substantial negotiations about the implementation
of measures possible. The employers and Works Council must reconcile
their interests, and major alterations may not begin unless this
reconciliation is achieved or at least attempted.
Information must be provided to the Works Council before management
makes any decision, thus making substantial negotiations about the
Austria no no
implementation of measures possible. Austrian legislation does not state
any specific timeframe for this issue.
Poland
Bank Pekao SA yes 90 days
UniCredit Business Integrated
Solutions ScpA
no no
UniCredit Business Integrated
Solutions Austria GmbH
Bosnia and Herzegovina yes 7 days
Bulgarian labor law stipulates – Right to information upon Collective
Dismissal: when an employer is contemplating collective dismissals, said
employer shall be obliged to begin consultations with the trade union
organizations’ representatives and with the factory and office workers’
Bulgaria yes 45 days representatives in good time but not later than 45 days before the said
dismissals are to take effect, and to make efforts to reach an agreement
with said representatives so as to avoid collective dismissals or reduce
the number of workers affected and to mitigate the consequences of the
said dismissals.
Croatia no 8 days Notice period is specified by Labour Law.
Czech Republic
Every major operational change must be discussed with the trade
union and communicated to employees. The time provided before the
change is implemented, is not specified in days / weeks but must be
UniCredit Bank Czech Republic As, provided sufficiently in advance and in an appropriate manner so that
UniCredit Business Integrated no 60 days the employees could express their views on the basis of the information
Solution ScpA supplied and these views could be taken into account before a certain
measure in implemented by the undertaking. The official notice period
given by the labor code is two months starting from the first day of the
month, after the month of the change communicated.
The employees must be informed about the change and the time
provided before the change is implemented is not specified in days
/ weeks but must be provided sufficiently in advance and in an
appropriate manner so that the employees could express their views
on the basis of the information supplied and these views could be
UniCredit Business Partner sro no 60 days
taken into account before a certain measure in implemented by the
undertaking. The official notice period given by the labor code is two
months starting from the first day of the month, after the month
of the change communicated. - Trade Unions are not present at
UniCredit Business Partner sro.
The notice period is typically 30 days. The Works Council must be
informed by the company and has 15 days to respond. After this period,
Hungary no 30 days
changes may be implemented. No agreement is needed, only the timely
provision of information .
As dictated by law and indicated in the individual labor agreements
Kazakhstan no 30 days held by each employee, there is a one-month notice period regarding
significant operational changes that may impact employees.
UniCredit · 2012 Sustainability Report 31