Germany's largest industrial union, IG Metall, aims for a 7% pay increase for 3.9 million workers in upcoming negotiations.

Germany's largest industrial union, IG Metall, seeks a 7% pay increase for 3.9 million workers, starting negotiations later this year. The union cites companies' well-filled order books and their ability to afford the raise amid a persistently high price level. In the last round of pay talks in 2022, IG Metall and employers agreed on raises totaling 8.5% over two years and one-time payments of €3,000 each.

June 17, 2024
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