Inflation hits them too: Swiss bankers demand 5 percent more wages!

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Bank employees in Switzerland should receive higher wages. (symbol image)

The association justified this demand with the serious real wage losses that employees in the banking sector have had to endure in recent years. SPBV wrote in a statement on Friday that strong inflation was not well balanced.

An estimated two percent inflation, as well as upcoming increases in rents and health insurance premiums, will lead to a further increase in the cost of living in 2024. For this reason, especially employees whose salaries have not been increased for several years now need to be paid more.

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That is why the SBPV, together with the Swiss Trade Union Federation (SGB), is calling for a 5 percent increase in these wages for the banking sector. Salaries up to 120,000 francs per year will be increased by at least 6,000 francs.

The Association warned that banks should be advised to implement an attractive and fair salary policy. The job market for bank staff remains tight. (SDA/wgr)

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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