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UBS says to increase salaries for Swiss employees by aggregate 0.8 pct
November 24, 2016 / 8:11 AM / a year ago

UBS says to increase salaries for Swiss employees by aggregate 0.8 pct

ZURICH, Nov 24 (Reuters) - UBS said on Thursday it would increase the salaries for its employees in Switzerland up to middle management by an aggregate 0.8 percent.

“This overall result is the outcome of negotiations between employer and UBS employee delegations,” UBS, Switzerland’s biggest bank, said in a statement.

The increase is effective as of March 1, 2017. (Reporting by Joshua Franklin)

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