Swiss Banks employees ask for wage increases

The Swiss Association of Bank Employees (ASIB) requires to increase the wages by 1.5% for 2017 and two days off more in 2016.

In a statement today, the ASIB writes that "once again the health insurance premiums rose considerably. In addition, the expected increase in inflation rate later this year and throughout 2017. In light of these facts, salary increase by 1,5% for 2017 appears to be entirely justified. ASIB also requires two additional days off in 2016 to compensate for the loss of public holidays that fall on the weekend this year. An advantage for all employees. "

The 2015 banking sector results, presented by Swiss Banking, are satisfactory mainly due to the quality commitment of its employees. According to ASIB, the 2016-wage increases, an average of 0.85%, did not reflect the performance.

In addition, the statement concluded, the restructuring operations of banks translate into increasing performance demands due to the reduction of staff.