On 5 June, the Austrian social partners finally concluded what are known here as the ‘spring negotiations‘. These are a package of wage agreements negotiated for industry and finance. Technically, these negotiations are conducted sector by sector by the two major trade unions, PRO GE (industry) and GPA (private sector employees in all sectors). However, the whole process takes place within the same timeframe and with a common dynamic, the aim being to achieve similar results. This is also the c
…Austria: spring collective bargaining ends with pay rises from 2.65% to 3.05%
Led by Austria's two major trade unions PRO GE (industry) and GPA (private sector employees in all sectors), the 2025 spring negotiations were marked by more aggressive demands and, above all, a sharp slowdown in wage increases, which had reached record highs in 2024.
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