Article Tools

Crystallizing Fronts in Austrian Banking Industry

Published: March 14, 2012; 18:26 · (Vindobona)

For managers of the Austrian banking industry, the maximum salary increase for its employees is 3.3%. The trade unions call for a 3.8% increase.

Crystallizing Fronts in Austrian Banking Industry / Picture: © Reuters

The negotiations between banking representatives and trade unions were not successful until now. According to the bank representative Michael Ikrath, the trade union´s claim is more than economically feasible. Employees call for a 3.8% increase, the banks offer a 3.3% increase. “In spite of a certain approach, this is more we can afford at the moment.” Ikrath commented. The…

This article includes a total of 208 words.

or Log In

Fast News Search