Unions Call for Massive Wage Increase

OrganizationsOther ♦ Published: August 19, 2011; 15:27 ♦ (Vindobona)

Austrian unionists demand a substantial premium above the inflation rate. They argue that employees should benefit from the strong economic development.

Unions Call for Massive Wage Increase / Picture: © OEGB

Union bosses Rainer Wimmer and Wolfgang Katzian call for significant wage increases in this year’s bargaining round. “We need a substantial increase”, stated Wimmer, boss of the industrial union PRO-GE. “This time, it is not enough to adjust wages just for the inflation rate”, he emphasized. Inflation has recently speeded up and reached 3.5% in July.

Wolfgang Katzian,…