ABBL

20 November 2008 - Today, the ABBL invited representatives of its members' Human Resources departments to an information session on the new ABBL tool "Job Market". As its title implies, the tool in question could be described as a virtual job market. Thanks to this new tool, ABBL members' HR departments can henceforth submit job vacancies via the ABBL ExtraNet, the association's secured information platform developed for the benefit of its members. The job vacancies will be directly published on the ABBL's public website (www.ABBL.lu), where applicants can also contact the institutions in question via the function "Apply for this job".

Importantly, ABBL members can also upload available staff profiles on the ABBL ExtraNet. These profiles will, of course, only be viewable to other ABBL members. The aim is to keep those persons that have been made redundant for economic reasons in employment and thus counter the shortage of qualified labour experienced by certain other ABBL members.

This initiative is perfectly in line with the concept of employment retention ("maintien dans l'emploi"). Beyond its practical use, the tool is also meant to give the political signal that the banking sector is assuming its responsibilities as employer in the context of the ongoing financial crisis.

The ABBL Job Market is also a response to the various dialogues and exchanges between the bankers' association and the social partners and the government over the last few weeks. Thus, on 27 October 2008, the ABBL and alfi met with trade unions and Ministers Frieden, Biltgen and Krecké to discuss the potential impacts of the financial crisis. As a result of this sector-specific meeting, a technical working group was set up. The latter is to meet monthly in order to monitor developments in the sector and decide on any measures to prevent unemployment risks.