Navigation

Wages set to rise as economic growth continues

Unions sometimes take to the streets to achieve salary increases Keystone

Negotiations in the country's main collective employment contracts will result in an average pay rise of 1.4 per cent this year.

This content was published on May 29, 2000 - 19:39

The Federal Statistics Office in Neuchâtel says this affects 355,000 people who are subject to collective contracts. It says that 0.4 per cent of the increase will be given to employees on merit.

The Office reports that the increases vary widely according to the different branches.

The most striking increases were in the metal and construction industries, while the weakest wage results were in the engineering and equipment sector, and in the hotel and restaurant business.

It adds that the majority of salary negotiations took place at the end of last year and were based on an inflation rate of 0.8 per cent.

Forecasts for the economy as a whole have all been upbeat of late, with Switzerland's main employers' organisation predicting growth of 2.2 per cent for 2000. It sees positive developments both domestically and in the export markets, adding that even the construction industry appears to have overcome earlier recession.

swissinfo with agencies








This article was automatically imported from our old content management system. If you see any display errors, please let us know: community-feedback@swissinfo.ch

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

Share this story

Change your password

Do you really want to delete your profile?