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Bank Collective Agreement Negotiations Continue Without Agreement

The negotiations on the collective banking agreement for approximately 68,000 employees in the financial sector ended on Tuesday without a result, informed the GPA union.

In the banking collective agreement negotiations, the union is demanding a 4 percent increase in minimum salaries and improvements in the framework agreement.

Without Agreement in Banking Collective Agreement Negotiations, Works Meetings Threatened

If there is no agreement in the next round of negotiations on March 18, works meetings are planned throughout Austria from March 20 to 25, as the GPA union negotiator, Anita Palkovich, announced on Wednesday. The unions' further demands: The last calendar day of a year or a substitute day should be a day off. During parental leave or certain forms of part-time work, pension fund contributions should continue to be paid. Moreover, the pension fund contributions should generally be increased by 0.3 percent, according to the union's demand.

(APA/Red)

This article has been automatically translated, read the original article here.

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