Italy: new collective agreement for mechanical engineering and metalworking sectors focuses on defending purchasing power

Featured image of the article Italy: new collective agreement for mechanical engineering and metalworking sectors focuses on defending purchasing power
The deal struck on 22 November between Italy’s social partners in the mechanical engineering and metalworking sector brings an end to a long and contentious bargaining process. The agreement – which runs until the first half of 2028 – is less innovative than previous sectoral contracts, despite covering the country’s largest industrial workforce of 1.5 million employees. It focuses on a few key points: upping wages by 9.64% on average to boost purchasing power, stabilising the situation of people on fixed-term and temporary contracts, and regulating the value chain.
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After 17 months of negotiations and 40 hours of strikes, the Federmeccanica and Assistal employers’ organisations the FIOM-Cgil, FIM-Cisl and UILM trade unions signed the agreement to renew the collective agreement for the mechanical engineering and metalworking sector on 22 November. It will come into force on 30 November, with the previous agreement having expired on 1 July 2024.

Maintaining purchasing power and flexible working hours

The increase in minimum wages will average €205.32 over four

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