Coop Staff Demands Better Pay to Tackle Inflation
Coop staff demand better pay than the offered one percent increase.
Coop staff in Switzerland are demanding a better pay rise than the one percent offered by the company, amid rising inflation.
Union says one percent pay rise is too low
The Gewerkschaft Unia union, which represents Coop staff, said the one percent pay rise offered by the company is too low and does not keep pace with inflation.
The union is calling for a 2.5 percent pay rise, which it says is necessary to protect staff from the rising cost of living.
Coop has said it is aware of the concerns of its staff and is committed to finding a solution that is fair to both sides.
Inflation in Switzerland is at its highest level in decades
Inflation in Switzerland is at its highest level in decades, with the consumer price index (CPI) rising by 2.8 percent in 2022.
This is the highest level of inflation since 2008, and it is putting pressure on households and businesses alike.
The rising cost of living is making it difficult for people to make ends meet, and the Coop staff pay rise demand is a reflection of this.
Coop is one of the largest employers in Switzerland
Coop is one of the largest employers in Switzerland, with over 90,000 employees.
The company is a major retailer of food and other goods, and it has a strong presence in the Swiss market.
The Coop staff pay rise demand is likely to be closely watched by other businesses in Switzerland, as it could set a precedent for pay rises in other sectors.