Just in time, Deutsche Post and the Verdi union have agreed on a new wage agreement for the logistics group’s 160,000 employees. This was announced by the collective bargaining parties on Saturday. All employees will therefore receive 340 euros more per month from April 1st. According to the Post, this means an average wage increase of 11.5 percent. In addition, there is a special payment totaling 3,000 euros over 15 months. The term of the new collective agreement is 24 months.
The agreement is expected to avert an indefinite strike that union members had already voted in favor of in a ballot. In another ballot, they will now vote on the outcome of the negotiations. The union recommended accepting the outcome of the negotiations.
According to the current forecasts of the expected rate of price increases, our most important goal of creating inflation compensation, especially for the lower income groups, has been achieved with this collective bargaining result,” said the deputy Verdi chairwoman and negotiator Andrea Kocsis with satisfaction. Post Chief Human Resources Officer Thomas Ogilvie said: “In the interest of our employees, but also of our customers, we have gone beyond our financial pain threshold. It is important that we were able to avoid lengthy strikes to the detriment of our customers and the company.”
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