German metalworkers agree on 5.5 percent more wages and income

German metalworkers agree on 5.5 percent more wages and income

2024-11-12 10:23:00

Munich – According to calculations by IG Metall, the 3.9 million employees in the German metal and electrical industry will receive an average of 5.5 percent more pay over the next two years. Wages and salaries will be increased by two percent on April 1, 2025, and then by a further 3.1 percent a year later, said IG Metall district manager Daniel Friedrich on Tuesday in Hamburg. Employees should also receive a one-off payment of 600 euros by February 2025 at the latest. The collective agreement runs for 25 months. Training allowances are set to increase by 140 euros per month in January 2025. For companies in difficult situations, the collective agreement for the Bavarian and coastal collective bargaining districts provides for automatic differentiation options.

1731407184
#German #metalworkers #agree #percent #wages #income

**Interview with Daniel Friedrich, IG Metall District⁣ Manager**

**Interviewer:** Thank you for joining us today, Daniel. The recent ‍announcement regarding wage increases in the German metal and ⁣electrical industry is certainly significant. ‍Can you explain⁣ what prompted the negotiation ⁢for these wage ⁣increases?

**Daniel Friedrich:** Absolutely. We’ve ⁣seen rising living costs and inflation ‌affecting ⁢our workers.⁣ It’s crucial that their wages reflect these⁤ changes to maintain their purchasing power and quality of life. ‌This agreement seeks to address those concerns and ensure that employees feel valued.

**Interviewer:** ⁣The contract stipulates a ‌total⁣ wage increase of‌ 5.5 percent over ‌the next two​ years, plus a one-off payment‍ of 600 euros. How do you respond to critics who say this⁢ increase may not⁤ be enough given the current economic climate?

**Daniel Friedrich:** While some ⁢may‍ argue that it isn’t sufficient,⁢ we believe ​it is a reasonable compromise that balances the need for fair ‍compensation⁣ with the⁤ economic‌ realities companies face. The automatic differentiation options for businesses in ⁤challenging situations ​also allow for flexibility.

**Interviewer:** Interesting point. ‌Some⁤ readers might argue that,⁣ despite these adjustments, the benefits to workers could be‌ overshadowed by the pressure on companies to maintain ‍profitability. What are your thoughts on‌ that?

**Daniel‍ Friedrich:** It’s a⁢ valid ⁤concern, and that’s why we included provisions for companies facing difficulties. The goal isn’t to jeopardize businesses but to ensure that employees’ contributions are recognized and⁢ rewarded in a fair manner.

**Interviewer:** As we look ahead, ‍do you⁤ think workers in other sectors should expect similar wage increases? What impact might​ this ⁢have on the wider labor⁤ market?

**Daniel‍ Friedrich:** We hope this sets‍ a precedence. ‌If successful, it could ‍inspire collective bargaining​ across​ other sectors to advocate for ‍fair wages. It’s ⁢ultimately ⁤about creating a more equitable work environment for ⁢everyone.

**Interviewer:** we’d love ‌to ⁢hear from our readers. ⁣How do you feel⁤ about the wage increases announced for the metal and electrical industry?⁣ Do you think this is enough, ‍too little, or just right? Share your thoughts‍ below—we want to hear your opinions!

Leave a Replay