Parties signing the CLA.
WILLEMSTAD--RBC Royal Bank and the Federation of Financial Unions (FFU) have officially signed a new Collective Labor Agreement (CLA) covering employees across Bonaire, Curaçao, St. Maarten, and Saba.
The agreement, effective from October 1, 2025, through December 31, 2028, marks a renewed commitment to employee welfare and workplace advancement.
The new CLA introduces several improvements, including adjustments to working hours, enhanced meal allowances, additional vacation days, expanded paternity and adoption leave, and the establishment of a new retirement age.
“As we move forward under a new mandate governed by the CLA, we are reminded of our Purpose as RBC employees – to help clients thrive and communities prosper,” said Pierrot Hurtado, Managing Director of RBC Royal Bank N.V.
In a statement, the Federation of Financial Unions expressed pride in the signing, noting that the agreement reflects values of “Unity, Respect, Fairness, and Solidarity.” The FFU described the new CLA as a milestone built on “trust, transparency, and collaboration,” ensuring continued progress and stability for financial sector employees in the four territories.
“The Federation of Financial Unions proudly acknowledges the signing of the new Collective Labor Agreement, effective October 1, 2025, to December 31, 2028. This milestone reflects our enduring values of Unity, Respect, Fairness, and Solidarity, and reaffirms our commitment to represent, protect, and promote the interests of all employees. Built on trust, transparency, and collaboration, our partnership with management continues to ensure stability and progress across the territories of Bonaire, Curaçao, St. Maarten, and Saba. We also encourage our younger members and prospective members to take an active role in shaping our shared future,” the FFU said in its statement.
FFU President Veronica Thode-Legrand said the agreement symbolises a continued spirit of cooperation and progress between management and employees.
“This new Collective Labor Agreement is not just a document – it is a reflection of our ongoing dedication to the members we represent. It embodies the spirit of cooperation, understanding, and progress that continues to define our relationship with RBC Royal Bank. The improvements secured in this agreement will have a lasting impact on the quality of life and work for our members. On behalf of the Federation, I extend my gratitude to all parties involved in the negotiation process for their professionalism and commitment to achieving a fair and forward-looking agreement,” said Thode-Legrand.
