02 December 2005
Employees whose salaries are above the going market rate for their function will receive an uninsured one-off payment of CHF 1,200 in January 2006. This will help to reduce existing wage disparities.
Minimum basic salaries graded according to function will be increased by 1.4 percent.
The decision is subject to approval by the governing bodies of the staff associations. The increase applies to all employees subject to Swisscom's collective employment agreement. Some 14,500 people (around 13,500 FTEs) are covered by this agreement. All Group companies are in agreement with the outcome of these negotiations.