Swiss Life private bank seals 2.1% rise budget for 2026

The UES of Swiss Life Banque Privée and Swiss Life Gestion Privée concluded its mandatory annual negotiation on pay, working time and value sharing with the SNB/CFE-CGC and CFDT unions in an agreement signed 19 February 2026Legifrance. It covers staff whose contracts fall under the Banque collective agreement of 10 January 2000Legifrance, runs from 1 January to 31 December 2026Legifrance, and a new round opens in the fourth quarter of 2026.

For 2026 the Directoire sets an exceptional individual rise budget of 2.1% of payrollLegifrance: 1.8% distributed by department and 0.3% reserved for closing inequalities needing special supportLegifranceLegifrance, coordinated by HR against financial-sector benchmarks, with attention to base salaries below 70,000 euros gross unchanged for over three years. The rises take effect 1 April 2026, paid with normal April payroll. No budget goes to general collective risesLegifrance, but the parties agree purchasing-power measures for 2026 instead.

The daily telework allowance rises from 2.70 to 3.30 euros within Urssaf ceilingsLegifrance: up to 26.40 euros a month for regular teleworkers and 39.60 euros a month for recognised disabled teleworkers needing over 50% telework on medical advice, conditional on logging telework in the HR system. From 1 March 2026 the meal voucher face value rises to 12.20 eurosLegifrance, split 7.32 euros employer and 4.88 employee, tracking the 2026 employer-share exemption ceiling of 7.32 euros. The CSE receives an exceptional 45,000 euro budget paid in April 2026Legifrance for an off-commute green-mobility action covering regional and high-speed trains, rented or shared electric and hybrid cars, rented electric scooters, rented bikes, platform-booked carpooling and coaches, reimbursed under the CSE Liberté grant rules. The forfait Mobilités Durables is renewed from 1 January 2026Legifrance, capped at 600 euros a year per employee without a company carLegifrance for home-to-work cycling, e-scooters and public transport outside statutory coverage, including maintenance, purchase and safety gear, cumulative with season-ticket reimbursement on receipts and a sworn statement claimed once in December. The parties also commit to define actions for proches aidants.

On value sharing, the text recalls the open-ended participation agreement of 15 June 2022 and the three-year intéressement agreement of 26 June 2025 covering 2025 to 2027, and commits to continue talks on a compulsory defined-contribution collective retirement contract (PERE-OB) for all UES staff with over one year's seniority.

Legal basis: the UES Swiss Life Banque Privée / Swiss Life Gestion Privée NAO accord of 19 February 2026Legifrance, in force 1 January to 31 December 2026Legifrance.