Deutsche Post and the Verdi services' union agreed, on October 6th, on a series of measures allowing the company to better face market trends and the development of society. Key measures affect the establishment of a "generational pact" to maintain older workers in the company while recruiting young colleagues, the extension of the Job Security Pact until 2015 for the company's 130,000 employees, an agreement freezing the outsourcing of mail delivery operations and, finally, a 4% cut to entry level pay. These agreements, which had to be renegotiated by the end of the year, are connected with demographic ageing in Germany and the impact of the opening of the sector to private competition. Wages will be negotiated in January 2012. (Ref. 110602)
In the end, the negotiations opened on July 4 (see our dispatch No. 110497) between Deutsche Post and Verdi ended smoothly. Several agreements which needed to be renewed by December 31, 2011 are concerned. The overall goal was to fund a system to keep employees in the company longer, under decent conditions, without closing recruitments for young colleagues. Besides, even though the sector’s social partners couldn’t agree on sectoral minimum wage and the mail market is under pressure becaus
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