The employers' organisation Metall NRW and the union IG-Metall in North Rhineland Westpahlia signed an agreement that has been described as historic by many observers. Apart from the 3% increase in salaries as from 1st June 2006, it envisages a one-off payment of 310 euros for the months of March to May 2006, which will vary depending on the economic health of the company. (Ref. 06400)
At the end of marathon negotiations, which ended at dawn on Saturday 22nd April, the negotiators reached an agreement which cast aside the spectre of an indefinite strike in the key sector of metalworking and electronics. The management and works council will thus able to decide themselves not to make this one-off payment if the company is performing poorly or on the other hand to double it if profits so permit. This is a first. Until now, all salary decisions were taken at branch level by...
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