Categories: Market

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.

More information about Swiss banks
Despite 3,000 layoffs
UBS and CS are still looking for staff
Pause or interest rate increase?
ECB faces difficult decision
Promotes collective action
ZKB wants to go after UBS with its allies

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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