As of January 1, salaries in the public sector will increase by 7.15 percent for high earners and 9.41 percent for low earners. On average, the increase is 7.32 percent and the allowances will also be increased by this value. The Public Service Union (GÖD) met with Vice Chancellor Werner Kogler (Greens), responsible for civil servants, and Finance Minister Magnus Brunner (ÖVP) early Wednesday morning, as both sides announced.
The cost of the budget was estimated by the government at around one billion euros.
Earned more than Metalers
The official’s conclusion is therefore above the inflation of 6.9 percent over the last four quarters, which is used as a basis for the negotiations. In comparison, the metalheads achieved an average grade of 7.44 percent.
225,835 people (federal employees and state teachers) are directly affected by the salary negotiations, while the 307,900 state and municipal employees expected to take the federal qualification are indirectly affected.
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.
