Indonesian Political, Business & Finance News

Employees of BII on strike

| Source: JP

Employees of BII on strike

JAKARTA (JP): Employees picket the Bank Internasional
Indonesia (BII) headquarters on Jl. M.H. Thamrin, Central Jakarta
for a second straight day on Tuesday to demand better pay from
the management.

After negotiations between the union representatives and the
bank's management, it was eventually agreed that a pay rise would
be awarded in March but would be backdated to February.

"The formula for the raise will be determined by a working
group and will refer to the previous agreement between the
parties," BII's managing director for law and compliance
Fransiska Oei said in a joint press statement with the union on
Tuesday.

"The union calls on employees across the country to stop the
protest and resume their normal duties following the agreement,"
the statement also said.(dja)

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