Article Tools

Chamber of Labor Claims Substantial Wage Increase

Published: October 10, 2011; 20:35 · (Vindobona)

The Austrian Chamber of Labor calls for a massive rise in wages for metal workers. The union refers to increase profits of the metal industry.

Chamber of Labor Claims Substantial Wage Increase / Picture: © Vindobona.org

“Now it is time that the employees receive a fair stake.”, Herbert Tumpel, head of the Austrian Chamber of Labor states. Tumpel argues that the metal industry currently has full order books and that sales are already at the pre-crisis level. Moreover, “profits reach new records”. EBIT has risen by 40% to 2.2bn in the industry. For Tumpel, these numbers are exceeding all…

This article includes a total of 176 words.

or Log In

Fast News Search
Related News
Metal Workers Start Autumn Bargaining Round (September 22, 2011)
Austrian Unit Labor Costs Down in 2010 (September 20, 2011)
RHI AG: Change in the Management Board (September 7, 2011)
voestalpine Meets Expectations and Confirms Guidance (August 18, 2011)
Plansee Group Achieved Sales Record (July 7, 2011)
Read More
Herbert Tumpel, Employment, Workforce, Steel Industry, AK Austrian Federal Chamber of Labour
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
Austria Appoints 15 New Ambassadors to Austrian Embassies Worldwide
See latest Vindobona Newsletter