On September 15, after more than three weeks, the collective bargaining negotiations between Banco de Chile and two of its largest unions concluded: Sindibae, which brings together workers of Banco de Chile-Edwards, and the Banco de Chile union.
The agreement for the 2026-2029 period, which was ratified by 90.2% of the union members who participated, includes a series of economic and labor benefits for the workers. Among these, a negotiation-end bonus of 5.8 million gross pesos, subject to taxes, stands out.
According to the union, 70% of this amount (4,050,000 pesos) was deposited on September 17, while the remaining balance was paid on the 24th of the same month.
Other benefits
In addition to this major bonus, there are increases of 60,000 gross pesos to salary, 5,004 pesos for transportation, and 9,996 pesos for meals. These benefits apply to all members with indefinite-term contracts who are included in the negotiating roster.
Regarding the vacation and Christmas bonuses, these saw improvements with differences for each union. For Banco de Chile workers, the vacation bonus was set at UF 25 (1,026,225 pesos), and the Christmas bonus will reach UF 8.5 (348,917 pesos). Meanwhile, workers affiliated with Sindibae will receive their vacation and Christmas bonuses of UF 22 (903,078 pesos) and UF 9 (369,441 pesos), respectively.
Another benefit relates to the annual voluntary retirement fund for those workers with seniority equal to or greater than…
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PulseThe amounts vary depending on whether the workers belong to the Banco de Chile-Edwards union, Sindibae, or the Banco de Chile union. CommentsOn September 15, after more than three weeks, the collective bargaining negotiations between Banco de Chile and two of its largest unions concluded: Sindibae, which brings together workers from Banco de Chile-Edwards, and the Banco de Chile union. The agreement for the 2026-2029 period, which was ratified by 90.2% of the union's participants, includes a series of economic and labor benefits for the workers. Among these, a negotiation-end bonus of 5.8 million gross pesos, subject to taxes, stands out. According to the union, 70% of this amount (4,050,000 pesos) was deposited on September 17, while the remaining balance was paid on the 24th of the same month. Other benefitsIn addition to this major bonus, there are increases of 60,000 gross pesos to salary, 5,004 pesos for transportation, and 9,996 pesos for meals. These benefits apply to all members with indefinite contracts who are included in the negotiating roster. Regarding vacation and Christmas bonuses, these saw improvements with differences for each union. For Banco de Chile workers, the vacation bonus was set at UF 25 (1,026,225 pesos), and the Christmas bonus will reach UF 8.5 (348,917 pesos). Meanwhile, workers affiliated with Sindibae will receive their vacation and Christmas bonuses of UF 22 (903,078 pesos) and UF 9 (369,441 pesos), respectively. Another benefit relates to the annual voluntary retirement fund for workers with 25 or more years of service at the company, which increased from 100 to 200 million pesos annually. Additionally, the "Súper Cajero" (Super Teller) award will become a quarterly recognition of 175,000 gross pesos for the 20% of service executives and senior service executives with the best performance in the quarter. An additional 70,000 pesos goes to the top 50 in the ranking. The benefit will be paid in January, April, July, and October of each year. More about:Banco de ChileUnionsBankingCollective bargainingbonusesNEWSLETTERPulse PMMonday to Friday, 12:30 PMThe most relevant news in markets, companies, and business: timely information, context, and content to make better decisions. By subscribing, you are accepting La Tercera's Terms and Conditions and Privacy Policies.