In its middle evaluation, the Institute for Economic and Social Research (WSI) of the Hans Böckler Foundation presents a summary of the industry-wide collective agreements signed in the first six months of 2008. The wages negotiated increase of 4.6% in average. This is the strongest increase since 2000. (Ref. 080547)
The WSI experts, who presented, on Wednesday,
June 25, the middle evaluation of the collective agreements signed in 2008, say
that the figures collected for the first months of the year show the end of
wage restraint, which has been in use in Germany since the 1990s. “This is the
biggest wage increase of the decade,” said Reinhard Bispinck, who manages the
WSI archives on collective agreements. The average negotiated raise is 4.6%,
the highest since the beginning of the century. For 2008, the W
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