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.
sueddeutsche
12. November 2024 um 08:46

Millions of metalworkers receive higher wages

Economy
Suddenly, it's going very fast under the pressure of the many crises: Employees in car companies and other industrial sectors are getting higher salaries.
rp_online
12. November 2024 um 13:04

No Collective Agreement: Verdi Announces New Strikes in Regional Transport - Also in North Rhine-Westphalia

Politics
Economy
Verdi announces new strikes in regional transport, as collective bargaining negotiations for 5,500 employees have failed. Verdi demanded a 350 Euro wage increase with a 12-month term, the employer's offer was insufficient and does not cover the shortage of skilled workers. Companies in Bavaria, Lower Saxony and North Rhine-Westphalia are affected, including bus operations, local rail transport and freight railways.
Frankfurter Rundschau
12. November 2024 um 13:00

Role Model for Politics

Economy
Politics
The collective bargaining agreement for the metal and electrical industry is a great success for IG Metall chairwoman Christiane Benner. However, the problems of the key industries of the automotive industry and mechanical engineering have not been solved. The government must create a better infrastructure.
Tagesspiegel
12. November 2024 um 12:41

IG Metall holds back: New collective agreement for four million employees

Economy
In difficult times, the collective bargaining partners have agreed on moderate income increases and planning security for companies in the industry.
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!