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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: © Vindobona.org

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.

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