Deutsche Telekom : an agreement on a 3 % wage increase

After 7 days of negotiations, the German telecommunication group and the trade union of the services sector, Verdi, reached an agreement on a 3 % wage rise. 55 000 employes will benefit from this increase that will take effect next November the 1rst. (Ref. 06575)
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The agreement, concluded for a 12 months period (until July 31st 2007), integrates the proposals made by the mediator appointed by both parties. All the workers are granted a forfatary bonus which amounts to 350 euros, except the civil servants still working in the private company who will get a bonus between 635 et 735 euros while apprentices will earn only a 70 euros bonus. When the negociations started, the management wished to grant a 750 bonus but only to employees, excluding the two last

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