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Solution Found: Wage Increase by 4.2%
Politics ♦
Published: October 18, 2011; 11:47 ♦ (Vindobona)
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After heated debates and strike threats, representatives of the Austrian metal industry and the trade union came to an agreement.
Solution Found: Wage Increase by 4.2% / Picture: © Vindobona.org
After 14 hours of heated negotiations, at 4 am in the morning, representatives of the industry and the trade union presented the result of their agreement. The 165.000 workers in the Austrian metal industry will receive a substantial wage increase by the beginning of November. On average, the increase is 4.2%. For low income workers, wages rise by 4.4%. Due to a minimum wage surplus of…
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