Axa Group management, UNI Europa Finance and all the French representative trade unions (CFDT, CFE/CGC, CGT, UDPA/UNSA) have signed a framework agreement on anticipating changes within AXA Group entities located in the European Union.

Negotiated within the European Works Council (EWC), the deal sets out a social dialogue approach whose objective is to better anticipate changes within the sector in order to adapt the employees’ skills to future needs and thus to preserve employment.

To better manage the changes necessary to maintain AXA’s competitiveness, the EWC will be regularly informed by the Group management about adaption of AXA’s strategy to the evolution of the European macroeconomic environment, as well as about the changes in the insurance sector.

For the same, social partners of AXA establish European skills and employment observatory within the EWC Bureau, to undertake some forward thinking about the evolution of the occupations within the Group, and anticipate changes.

To preserve the employability of the AXA Group’s employees in Europe and to support employees whose position might be threatened due anticipated changes, partners are planning various measures.

The framework deal is concluded for a term of three years, renewable by tacit agreement, and is applicable to all AXA Group entities located in Europe, in conjunction with local employee representatives.

AXA Group entities that so wish will be able to go beyond this framework agreement and sign a specific agreement. AXA Assistance has, in particular, decided to use this opportunity.