Germany: “demographic fund” and 4.4% wage increase on 13 months for the 550.000 chemistry employees

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17 April 2008 à 12h12

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2 minutes

Publication: 17 April 2008 à 12h12

Reading time: 2 minutes

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The agreement signed on April 15 between the chemistry sector's social partners takes into account inflation and economic growth. It also validates the creation of a "demographic fund" and extends the existing measures on lifelong flexible working time. (Ref. 080311)
Publication

17 April 2008 à 12h12

Reading time

2 minutes

Publication: 17 April 2008 à 12h12

Reading time: 2 minutes

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“Social partners in the chemical industry have once again showed that they were able, even when the times are hard, to agree on an innovative collective project” declared Hubertus Schmoldt, leader of the IG BCE, the chemistry unions, which started the negotiations with a 7% wage claim on one year.

4.4% increase. After several rounds of negotiation, the IG BCE finally got a 4.4% increase on 13 moths (4.1% yearly), coupled with a single bonus of 0.5% of the annual pay. In addition, at the beginnin

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