Metal Workers Start Autumn Bargaining Round

Politics ♦ Published: September 22, 2011; 11:59 ♦ (Vindobona)

Salaries of 190,000 employees in the metal industry will be negotiated. Trade unions demand substantial increases.

Metal Workers Start Autumn Bargaining Round / Picture: © Wikimedia Commons / Alfred T. Palmer [Public Domain]

Today, Thursday, Austrian metal workers sound the bell for their annual wage bargaining round. This year’s negotiations will be influenced by a growing inflation rate and a poor economic outlook. It is expected that metal workers will benefit from an increase of at least 3%. Manager rewards rose by 4.1% this year, unit labor costs declined by 5.5%. In 2010 the metal industry’s…