2024-11-12 17:55:09
Business
Economy

A Milestone in Collective Bargaining for the Metal Industry

Image used under license from Shutterstock.com
The recent collective bargaining agreement in the metal and electrical industry marks a significant achievement for both workers and employers. Over the next 25 months, employees will benefit from a 5.1% wage increase, distributed in two stages, alongside a one-time payment of 600 euros. Additionally, trainees will see a disproportionately higher increase in their wages, emphasizing the industry's commitment to nurturing future talent.

The agreement, reached after extensive negotiations, reflects a broader commitment to stability and compromise amidst economic challenges. IG Metall, representing workers, played a pivotal role, organizing warning strikes that mobilized over 600,000 participants to push their agenda. Despite initial demands for a 7% increase, the union settled for a more moderate increment, acknowledging the economic downturn and challenges faced by the auto industry.

This agreement is particularly notable as it was piloted jointly by the regions of Bavaria and the coast, setting a precedent for future negotiations. Moreover, it serves as a beacon of cooperation, signaling to the government the importance of infrastructure investments and energy reforms. The deal sends a clear message: even in turbulent times, compromise and dialogue can lead to constructive outcomes.
Tagesspiegel
12. November 2024 um 12:17

Strikes averted: A model for politics? - Metalworkers find a collective bargaining compromise

Economy
Politics
The metal and electrical industry has agreed on a 25-month collective bargaining agreement with a 5.1% wage increase; one-time payment, conversion of salary into leisure time, disproportionately high increases for trainees; Negotiations at Volkswagen are separate; IG Metall chairwoman Christiane Benner calls for lower energy prices, measures for electromobility and infrastructure investments; The union had organized warning strikes with over 600,000 participants after the expiration of the peace..
gmx
12. November 2024 um 12:18

A Role Model for Politics?

Economy
Politics
Collective bargaining agreement for 3.9 million employees in the metal and electrical industry: 5.1% salary increase in 2 stages; one-time payment of €600 for employees; possibility for part-time employees to convert salary into time off; disproportionate increase of €140 for trainees. The collective agreement runs for 25 months; the pilot agreement was concluded for the first time with the coastal region; a compromise after negotiations taking into account the crisis in the automotive industry...
tz
12. November 2024 um 12:17

Role Model for Politics? - Metalworkers Reach Wage Agreement

Economy
Politics
The collective agreement lasts for 25 months, with a wage increase of less than 3% per year; the union had previously called hundreds of thousands to take part in several hours of warning strikes but is now planning no more full-day actions.
gmx
12. November 2024 um 14:37

IG Metall Leader: Pilot Collective Bargaining Agreement Could Help at VW

Economy
Politics
The pilot collective bargaining agreement for the metal and electrical industry could contribute to problem-solving at VW. VW has announced a savings program with plant closures and layoffs. The works council and IG Metall are seeking a solution without layoffs.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!