Even after four retail collective bargaining negotiations, there is still no agreement. While employers continue to insist on one-off payments, the union is demanding a “permanent, substantial salary increase”, as chief negotiator Helga Fichtinger emphasized in the evening. An ultimatum was given to the employers.
If there is no new negotiation date on November 29, strikes on December 2 and 3 are possible. In any case, there are now working meetings on 24 and 25 November. The strikes would hit the industry hard because December 3 is the second shopping Saturday.
Union gave in to the wage demand
The union has softened the wage demand somewhat and is now asking for 8.5 percent plus a minimum, giving the low-income earners a double-digit increase. According to Fichtinger, the average salary increase would amount to 9.37 percent. This meets the desire of employers to “flatten out”. However, a one-time payment is not acceptable.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.