German Union Rejects Employers’ Wage Offer
The IG Metall metalworkers union has turned down an offer of a 3% pay hike over 14 months from Germany's industrial employers.
#labor
The IG Metall metalworkers union has turned down an offer of a 3% pay hike over 14 months from Germany's industrial employers. The union, which in the past nearly always rejected management's initial offer, is demanding a 6.5% wage increase.
IG Metall has 3.6 million members, including many auto workers. A senior union negotiator says employees may hold token mini-strikes. Negotiations are scheduled to resume on May 11.
The union notes that German industry has fared better than counterparts elsewhere in Europe in the past two years downturn. That is especially true for the country's automakers, especially makers of luxury vehicles, Last month the country's public-sector workers won a 6.3% wage hike over two years.
RELATED CONTENT
-
Young Auto Engineers Say Their Employers Don’t Measure Up
Only one-third of U.S. automotive engineers below the age of 36 agree that their work experience matches the way their employers’ portray themselves publicly, according to new research.
-
Tesla Fires Hundreds of Employees It Considers Sub-Par
Tesla Inc. dismissed roughly 400 hourly and salaried employees last week, according to The Mercury News in San Jose, Calif.
-
GM, PSA Execs Rush to Build Support for Opel Sale
Top executives from General Motors Co. and PSA Group are scrambling to build support among alarmed European government and labor leaders for a plan to integrate GM’s Opel unit with PSA.