by Trade union representatives argue employees are entitled to higher wages as the Swiss economy has picked up from the Covid crisis. Keystone/Anthony Anex The Trade Union Federation has called for a blanket salary rise for all employees as the Swiss economy recovers from the Covid-19 crisis. Switzerland’s main trade union umbrella group said employees should be entitled to a salary increase of at least 2% or CHF100 (9) per month. Trade union president Pierre-Yves Maillard said the raise would compensate for their efforts during the pandemic as well as for the growing inflation of around 1%. Trade union chief economist Daniel Lampart said wage levels had stagnated over the past few years while productivity and profits had increased. The federation, which
Topics:
Swissinfo.ch considers the following as important: 3) Swiss Markets and News, 3.) Swissinfo Business and Economy, Featured, newsletter, Work
This could be interesting, too:
Nachrichten Ticker - www.finanzen.ch writes Krypto-Ausblick 2025: Stehen Bitcoin, Ethereum & Co. vor einem Boom oder Einbruch?
Connor O'Keeffe writes The Establishment’s “Principles” Are Fake
Per Bylund writes Bitcoiners’ Guide to Austrian Economics
Ron Paul writes What Are We Doing in Syria?
Trade union representatives argue employees are entitled to higher wages as the Swiss economy has picked up from the Covid crisis. Keystone/Anthony Anex
The Trade Union Federation has called for a blanket salary rise for all employees as the Swiss economy recovers from the Covid-19 crisis.
Switzerland’s main trade union umbrella group said employees should be entitled to a salary increase of at least 2% or CHF100 ($109) per month.
Trade union president Pierre-Yves Maillard said the raise would compensate for their efforts during the pandemic as well as for the growing inflation of around 1%.
Trade union chief economist Daniel Lampart said wage levels had stagnated over the past few years while productivity and profits had increased.
The federation, which represents around 370,000 employees from 20 different unions, said women in low-paid jobs deserved a substantive pay rise.
Monthly minimum salaries should be at least CHF4,000, the federation said.
Last month, the Travail Suisse trade union group also presented its demands, calling for pay hikes of up to 1.75% in some sectors and a general increase for low-paid workers.
You Might Also Like
SNB Sight Deposits: Inflation is there, CHF must Rise
2021-09-13
Sight Deposits have risen by +0.2 bn CHF, this means that the SNB is intervening and buying Euros and Dollars.
‘Switzerland can’t have its cake and eat it,’ says EU ambassador
2021-06-27
After rejecting the framework agreement with the European Union last month, Switzerland must now choose the model for interacting with the bloc’s internal market, says the EU ambassador to Switzerland. In an interviewExternal link with Le Temps newspaper on Friday, Petros Mavromichalis warned that the status quo was not an option for the EU.
Switzerland-EU: a Complicated Relationship that puts Swiss Research at Risk
2021-06-13
They break up, they get back together, and then they break up again. The rift between Bern and Brussels over the framework agreement is causing frustration among Swiss researchers who depend on EU funding for their work. Universities, companies and start-ups fear that science and research will become “collateral damage” of a negotiation gone wrong.
Swiss Aviation Sector Aims to go Carbon Neutral by 2050
2021-06-02
The Swiss aviation sector, which includes Swiss International Air Lines and Zurich Airport, has pledged to slash CO2 emissions and make flying net zero by 2050.
Almost half of Swiss workers choose early retirement
2021-05-04
On Tuesday, the Federal Statistical Office (FSO) reported External linkthat in 2019 between 40-50% of people started receiving their pension from their so-called second pillar before the legal retirement age – 65 for men and 64 for women.
Main Swiss farmers’ group alarmed by proposed pesticide ban
2021-04-27
The director of the leading Swiss farmers’ organisation is deeply concerned about two initiatives to ban pesticide. Martin Rufer explains what voters’ approval would mean for Switzerland’s agriculture.
Ex-roads ministry worker ‘paid CHF2,000 a month’ to rig emissions data
2021-04-26
A former employee at the Swiss Federal Roads Office (FEDRO) and two board members of a vehicle exporter have been charged with fraudulently manipulating data to avoid CO2 emissions sanctions.
WEF set to return to Davos in 2022
2021-04-25
The annual meeting of the World Economic Forum (WEF) is set to take place in the Swiss mountain resort of Davos again next year. However, reasonable hotel rates are a prerequisite and the Covid-19 situation is also a decisive factor, according to organisers.
Tags: Featured,newsletter,Work