Employer and employee representatives of employees in the metal industry have agreed on a new collective labor agreement. The approximately 90,000 registered people will receive an increase in their actual salary of 7.1 percent from January 2023 and the minimum salaries will increase by a maximum of 8 percent, the Chamber of Commerce (WKÖ) and trade union GPA announced on Tuesday.
White-collar workers came out slightly lower than manual workers, whose real wages rose by as much as 7.4 percent.
Students receive a climate map
For the students, the new employee collective agreement entails an increase of no less than 12.36 percent. According to a broadcast, their future income will be between 730 euros and 1,600 euros, depending on the year of study. In addition, in the first three years of their apprenticeship, the pupils receive the climate card, which covers all journeys by public transport throughout Austria.
“The 7.1 percent rise in real wages represents – as for blue-collar workers – an important rise in real wages. A responsible social partnership is particularly important in these times,” Andreas Lahner, head of negotiations for employers, and Robert Winkelmayer, head of negotiations for employees, summarized according to the announcement.
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.
