Global Finance Workers Alliance
The Committee for Better Banks (CBB), Communication Workers of America (CWA) and UNI Finance Global Union (UNI) have joined forces to campaign for better working conditions for finance workers in the United States and throughout the world.
The delegation has organized a day of action in New York City February 18th to highlight key inequalities and injustices faced by America’s finance workers, bringing together bank workers from across the world to march on Wall Street and show their solidarity for the cause of America’s downtrodden employees.
According to a Committee for Better Banks report, there exists a tale of two banking industries. The outsized wealth and power of Wall Street is evidenced in salary raises of CEO’s like Jamie Dimon, who in 2013 received a 74% pay increase making his salary closer to $20 million, after being fined $20 billion dollars in regulatory and criminal charges. Meanwhile, average bank worker wages are so low that almost one third of bank tellers in America receive some sort of public assistance. Over a third of tellers are living at or below poverty level in contrast to the executives of Wall Street.
UNI Global Finance says US bank workers have not been able to express their rights to organize together in a union. This means that the employees don’t have a voice and are not able to bargain collectively for fair pay and better working conditions.
What can you do ? What can we do together ?
1. Share the US Bank Report with key affiliates in your region, key members in your union and key banks you are targeting which also have a branch in the US
2. If you are in New York, join the action on 18/02:
10:00: Demonstration outside Citibank - 388 Greenwich St on Wall Street
11:00: Press briefings with workers from around the world
11:45: Visit of the Bank branches and reaching out to US workers
3. From wherever you are, join the Global Day of Action on the 18th of February through social media:
For example: Take a picture of yourself, a colleague/bank worker with a sign saying which benefits you have that US workers don't have, and share this on Facebook (UNI facebook page and www.betterbanks.org ) or Twitter using #BetterBanks. This could be a picture of you holding a sign that says "Sweden - 6 month paid paternity leave".
Example Tweet: "US bank workers deserve the same rights and better working conditions #BetterBanks "
Option 2: Send a message of solidarity to US Bank workers on Twitter using #BetterBanks @UNI. If possible do this on 18/02 at 10:00 am NY time (16:00 CET)
You can access all the campaign materials on this page.
Coming up soon: A Press Release will be issued on 18/02.
Many thanks to all of the UNI affiliates who contributed to the Report and thank you for your support on that day !