2024-11-10 23:55:08
Business
Economy

Negotiations for Wage Increases in the Metal Industry

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In the ongoing negotiations between IG Metall and employers in the metal and electrical industries, both parties are striving for a mutually beneficial compromise. IG Metall represents approximately 3.9 million workers and is advocating for a 7% wage increase retroactively effective from October, a 12-month duration for the agreement, and enhancements in vocational training allowances. Meanwhile, employers have proposed a longer contract of 27 months with a 3.6% increase, but with no raises in 2024, reflecting the challenging economic environment.

The potential agreement may involve a temporary continuation of existing postponement regulations, a one-time payment for employees after several months, and a gradual wage increase of 3% starting mid-2025. This arrangement aims to provide planning security for critical sectors like automotive and mechanical engineering, especially as an economic turnaround remains elusive.

As negotiations progress, the atmosphere has intensified, with warnings of strikes announced across various cities. The largest turnouts have been noted in Bremen at major companies such as Mercedes Benz and Airbus, highlighting the urgency of the situation. The ongoing discussions underscore the delicate balance between ensuring fair wages for workers and maintaining the financial health of the companies involved. The outcome will significantly impact the livelihoods of many and the future dynamics of the industry.

Tagesspiegel
10. November 2024 um 14:01

Wage Decision in the Industry: IG Metall and Employers Aim for Compromise

Economy
Politics
Collective bargaining negotiations between IG Metall and employers in the industry; Compromise sought; Demands of IG Metall: 7% wage increase retroactive from October, 12 months duration, expansion of the possibility to convert money into time, increase in training allowance by 170€/month, social component; Employers offer a duration of 27 months, no increase in 2024, possibility to postpone/suspend the 630€ payment in case of a profit margin below 2.3%; Possible agreement: temporary continuat..
Berliner Zeitung
10. November 2024 um 12:07

IG Metall Approaching Agreement and 3,000 Euro Collective Bargaining Christmas Bonus: Too Generous in the Crisis?

Economy
Upcoming pilot agreement between IG Metall and employers in the metal and electrical industry; Wage demand of the 3.9 million employees: 7%; Counterproposal from employers: 3.6% over 27 months; Negotiations in mechanical engineering, electrical and automotive industry.
AFP
10. November 2024 um 15:50

Negotiations for pilot agreement in the metal industry in Hamburg

Economy
Politics
Collective bargaining negotiations for a pilot agreement in the metal industry; IG Metall districts Coast and Bavaria negotiate; Employer associations Nordmetall and Association of the Bavarian Metal and Electrical Industry involved; Demonstration planned in Hamburg.
CW

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