Germany: partial wage agreement for 250,000 in the banking sector

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27 April 2009 à 08h28

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3 minutes

Publication: 27 April 2009 à 08h28

Reading time: 3 minutes

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Publication

27 April 2009 à 08h28

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3 minutes

Publication: 27 April 2009 à 08h28

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l 22, 2009 shows the impact of the crisis on collective bargaining: the social partners in the banking sector negotiated for almost a year before agreeing on a 2.5% wage increase. The agreement is only partial because talks on “job security” haven’t succeeded yet and will go on until September. (Ref. 090458)

It took almost one year for the social partners in the banking sector (Ver.di and the Association of German Public Sector Banks – VOB – and the Association for Private Banking – AGV) to agr

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