Germany's largest trade union, IG Metall, on Friday agreed a deal with employers that will see wages increase 5.2% next year and 3.3% in 2024 in a key western state, setting the benchmark for 3.9 million metal and electrical sector workers nationwide.
The accord, which includes a 3,000 euro tax-free payment for employees, comes after the union called for an 8% pay raise. The deal was reached after five rounds of talks and a series of warning strikes IG Metall staged to press its demand.
Roman Zitzelsberger, IG Metall leader in Baden-Wuerttemberg district said the result was "very decent". The agreement, which runs until September 2024, offers an average increase of around 8,500 euros over 24 months, including the tax-free payment, Zitzelsberger said.
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