End of lean times: after a marginal 1.6 percent wage increase over a year reached in June 2010 (see our dispatch No. 100466), Verdi’s wage committee announced, on January 18, that it would ask for a 6 percent increase for the coming collective negotiations. “For a long time, banking employees have been subject to wage moderation. It is now their turn to enjoy a high wage increase” like the other employees, insisted Beate Mensch, member of Verdi’s board. The union is also calling for the improvement of employees’ working conditions, namely by reducing pressure in terms of marketing objectives. During the last collective bargaining session, the social partners already dealt with this issue and added a “Preamble on the protection of health in banking businesses” to their agreement. The Preamble called on businesses to implement, with their WC’s consent, tools designed to assess and limit employees’ psychological burden. “This preamble is only a first step” a Verdi spokesperson told Planet Labor, adding that businesses now had to act on it and make their commitments a reality.
During the last collective bargaining session, the social partners already dealt with this issue and added a “Preamble on the protection of health in banking businesses” to their agreement.
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