IG Metall, German Employers Suspend Contract Talks
German metalworkers union IG Metall and the country's industrial employers have suspended contract negotiations after reaching an impasse, Bloomberg News reports.
#labor
German metalworkers union IG Metall and the country's industrial employers have suspended contract negotiations after reaching an impasse, Bloomberg News reports.
The union says the fifth round of bargaining stalled over temporary contracts and apprenticeships. Talks are scheduled to resume on Friday
Labor leaders say the parties have made progress on other issues but have not yet discussed pay. IG Metall is seeking a 6.5% wage hike for its 3.6 million members. The employer group, which includes makers of cars and trucks, have offered 3%.
RELATED CONTENT
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
Skilled-Trade Workers Reject GM Contract, Ratification in Limbo
The United Auto Workers union says its production workers ratified a new four-year labor contract with General Motors Co. by a 58% margin.
-
Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal
Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.