In the case of the railway workers’ pay round, the signals are still at red. Of course, further negotiations still need to be conducted. On Tuesday afternoon, the employers discussed how to proceed. Because the union’s demand of 400 euros is unfulfillable for them.
About three-quarters of the affected employees work for ÖBB. They calculated internally that vida’s wishes would cost the group 320 million euros. That should be paid by the taxpayer, as shown by a look at the financial situation of Deutsche Bahn (graph).
Although she reported a profit of 170 million euros last year. But for passenger transport services ordered by the federal government, it received 1.2 billion euros, plus 68 million euros in subsidies for freight transport. The Republic of Austria also assumes the pension burden of 1.25 billion euros per year.
40 percent of ÖBB employees are still civil servants. You can also (since 2000) retire at 61.5 without deductions. With a few exceptions, the starting salaries are well above 2000 euros gross.
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.
