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Switzerland - Swisscom, union settle on 2.7% pay rise.

Europe Intelligence Wire

| December 03, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Swisscom has reached agreement with the unions under which the salaries will be increased by 2.7 percent in the beginning of 2008. For most employees, the general increase will be 2.2 percent of the basic salary. The remaining 0.5 per cent will be awarded on an individual basis. To help reduce market disparities, employees with ...

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