Bank Employees’ Salaries Increase at an Average of 2.3%

Professional ServicesBanks ♦ Published: March 15, 2011; 00:34 ♦ (Vindobona)

The union is satisfied with the salary increase of collective agreements for bank employees.

Bank Employees’ Salaries Increase at an Average of 2.3% / Picture: © Vindobona.org

Over the weekend, a "successful" collective bargaining agreement for the approximately 80,000 employees in the finance sector was achieved from the viewpoint of the union. The collective bargaining scheme salaries increase as of 1 April 2011 by 1.9% and an additional € 9 per month. This represents an average increase of 2.3%, and for the lower income groups of up to…