Solution Found: Wage Increase by 4.2%

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…