Urgent.News

What's breaking now, across thousands of outlets.

Business

Comment: bonuses only in booming industries? A good idea

Before the wage negotiations, IG Metall members suggest more differentiation: well-paid tank or aircraft manufacturers should earn more. This carries risks, but could make the transformation easier.

Translated from German Read in German

Comment: bonuses only in booming industries? A good idea

IG Metall local leaders are proposing a more differentiated approach for the major collective bargaining round in autumn. Only employees of high-earning manufacturers in sectors such as weapons, aircraft, energy, or medical technology would receive a pay increase. This could lead to a lower general settlement and benefit struggling automakers and suppliers.

The proposal is seen as a way to reduce pressure in negotiations for the approximately four million employees in the industry. The strategy carries risks for the union, potentially leading to a fragmentation of the collective agreement.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

More from Sunday 23 August →