Voluntary staff retirement programwith compensation which can reach them 180,000 euros, or even 220,000 euros in choosing the long-term leave (sabbatical), Piraeus Bank announced.
As announced, the program is mainly aimed at employees of the store network, it is designed in a socially responsible way and includes important benefits for the employee who chooses it and his family, in order to offer them the greatest possible benefit. The program mainly concerns employees in the store network, in roles affected by its transformation to the new model.
It includes, more favorable terms in relation to the Bank’s recent voluntary retirement schemes, with significant increases in the total amount of compensation and aimed to particularly support employees in changing roles while incorporating significant benefits for the employee and their family.
In collaboration with external specialized partners, the Bank has also designed advisory programswhich will guide the participants who wish to, in their smooth transition to new professional paths.
The expression of interest period ends on November 3 while employees who will submit a request to join the program until October 27, will be rewarded with an additional amount of compensation.
As noted, Piraeus Bank is implementing a broad corporate transformation program that includes changes to the operating model, continuous cost rationalization and integration of technology in all its activities. In particular for its network of 387 branches throughout Greece, the adoption of the new type of bank branch aims to upgrade the customer’s experience with modern banking practices and at the same time centralize operations so that greater emphasis is placed on sales.
The submission of expressions of interest for participation in the Program takes place from Thursday, October 12, 2023 until Friday, November 3, 2023.
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- What are the key benefits of Piraeus Bank’s voluntary staff retirement program?
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Piraeus Bank Introduces Voluntary Staff Retirement Program with Compensation of Up to €220,000
In a bid to support its employees affected by the transformation of its store network, Piraeus Bank has announced a voluntary staff retirement program with compensation that can reach as much as €180,000 or even €220,000 for those who opt for long-term leave, also known as a sabbatical.
A Socially Responsible Program
The program is designed with a socially responsible approach, aiming to provide substantial benefits to employees who choose to participate, as well as their families. The primary focus of the program is on employees in the store network who will be impacted by the bank’s transformation to a new model.
More Favorable Terms and Significant Increases in Compensation
The voluntary retirement program offers more favorable terms compared to the bank’s previous schemes, including significant increases in the total amount of compensation provided. This is particularly aimed at supporting employees in changing roles, while also incorporating important benefits for them and their families.
Advisory Programs for a Smooth Transition
In partnership with external specialized partners, Piraeus Bank has designed advisory programs to guide participants who wish to transition to new professional paths. This support will ensure a smooth and successful transition for employees who decide to take advantage of the program.
Key Dates and Incentives
The expression of interest period for the program ends on November 3. Employees who submit a request to join the program by October 27 will be rewarded with an additional amount of compensation, providing an incentive for early applicants.
Piraeus Bank’s Commitment to Its Employees
By introducing this voluntary staff retirement program, Piraeus Bank demonstrates its commitment to supporting its employees during times of change. The program is a testament to the bank’s dedication to its people and its efforts to ensure their well-being and success, even as the organization undergoes transformation.
What This Means for Employees
The program offers a unique opportunity for eligible employees to take control of their careers and plan for their future. With compensation packages of up to €220,000, employees can look forward to a secure financial future, whether they choose to retire or pursue new opportunities.
A Model for Other Organizations
Piraeus Bank’s voluntary staff retirement program sets a high standard for other organizations to follow. By prioritizing the well-being of its employees, the bank demonstrates a commitment to social responsibility and a willingness to invest in its people.
As the Greek banking sector continues to evolve, Piraeus Bank’s program serves as a beacon of hope for employees affected by change. By providing a safety net and supporting its people through this transition, the bank is paving the way for a brighter future for all.
Optimized Keywords:
Voluntary staff retirement program
Compensation
Long-term leave
Piraeus Bank
Socially responsible
Employee benefits
Career transition
Advisory programs
Expression of interest
Incentives
Career planning
Financial security
Social responsibility
To decide their future while receiving substantial financial support.
Voluntary Staff Retirement Program with Compensation of Up to €220,000: Piraeus Bank’s Commitment to Its Employees
In a bid to support its employees affected by the transformation of its store network, Piraeus Bank has announced a voluntary staff retirement program with compensation that can reach as much as €180,000 or even €220,000 for those who opt for long-term leave, also known as a sabbatical. The program is designed with a socially responsible approach, aiming to provide substantial benefits to employees who choose to participate, as well as their families.
Key Benefits of the Program
The program offers more favorable terms compared to the bank’s previous schemes, including significant increases in the total amount of compensation provided. This is particularly aimed at supporting employees in changing roles, while also incorporating important benefits for them and their families. The program mainly concerns employees in the store network, in roles affected by its transformation to the new model.
Advisory Programs for a Smooth Transition
In partnership with external specialized partners, Piraeus Bank has designed advisory programs to guide participants who wish to transition to new professional paths. This support will ensure a smooth and successful transition for employees who decide to take advantage of the program.
Key Dates and Incentives
The expression of interest period for the program ends on November 3. Employees who submit a request to join the program by October 27 will be rewarded with an additional amount of compensation, providing an incentive for early applicants.
Piraeus Bank’s Commitment to Its Employees
By introducing this voluntary staff retirement program, Piraeus Bank demonstrates its commitment to supporting its employees during times of change. The program is a testament to the bank’s dedication to its people and its efforts to ensure their well-being and success, even as the organization undergoes transformation.
What This Means for Employees
The program offers a unique opportunity for eligible employees
