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Bank Pekao SAPekao lender adopts new pay and bonus terms for approx. 2,700 employees
Listed lender Bank Pekao has adopted a resolution on its intention to change the pay and bonus terms for a group of nearly 2,700 employees by concluding agreements. As part of this process, the bank does not anticipate any reduction in the number of employees, Pekao said in a market filing.
The bank announced that it has adopted new remuneration and bonus terms for this group of employees, which will come into force in January 2026. As a result of these measures, changes will have to be made to employment contracts.
"On August 11, 2025, the bank will notify the trade unions operating at the bank of the reasons for the planned collective redundancy and will ask the trade unions to enter into consultations," the statement reads.
"In addition, the bank will notify the employment office of its intention to apply the collective redundancy procedure at the Bank without the intention of reducing employment," it added.
The bank added that it will publish another statement after completing the legally required consultations with the trade unions operating at the bank, which will include information on the estimated amount of the provision related to this process, which will be charged in full to the bank's results.
Pekao announced that the final data on the amount of the provision and the impact of the employment restructuring on the financial results will be provided in the bank's financial statements.
seb/ han/ ao/
