Collective Wage Agreements for 2012 – Rise of 1.1% and 1.4%

Neuchâtel, Switzerland

 

Neuchâtel, 25.07.2012 - (FSO) –

 


According to the latest information published by the Federal Statistical Office (FSO), the social partners signatory to the main collective labour agreements (CLA) have agreed a nominal rise in real wages of 1.1% for 2012, of which 0.7% is to be awarded collectively and 0.4% at individual level. Minimum wages were increased by 1.4%. Roughly 1,001,000 employees were affected by the wage negotiations.