Austria -Agreement on wages in banking -April 02, 2014

The social partners in the banking sector, with a workforce of 80,000 workers, could come to an agreement after 4 rounds of negotiations. A wage increase was agreed of 1.93% plus a nominal 6 euro. This brings the increase for workers at the lowest pay level to 2.17%. Apprentice pay is raised by 2.3%. The agreement has is valid for 12 months, starting 1-4-2014.

German: http://www.oegb.at/cms/S06 ...  

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.