Banks: No Agreement on Salary Negotiations

Professional ServicesBanks ♦ Published: March 9, 2011; 00:35 ♦ (Vindobona)

No agreement has been reached either in the fourth round of collective negotiations for bank employees. The situation is worsening.

Banks: No Agreement on Salary Negotiations / Picture: © Vindobona.org

Collective contract negotiations between Austrian banks and bank employees have faltered. The negotiations affect 80,000 workers and the fifth round is to take place on Friday.

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