The chairman of the Bau-Holz trade union (GBH), SPÖ National Council member Josef Muchitsch, made people sit up and pay attention today in an exciting interview on krone.tv with a surprise: “The collective bargaining in the construction sector and the construction sector for 2024 have been completed. Salaries will be increased through rolling inflation from March 2023 to February 2024.”
In addition, there is a surcharge of at least 0.35 percent plus a lot of extra noise for expenses and diets. The exact contribution to the increase cannot be indicated at this time, as the level of progressive inflation can only be determined at the end of February 2024.
Muchitsch reveals the results exclusively on krone.tv
But it has already been agreed between employers and employees that the salary increase will be the sum of the resulting inflation amount plus the surcharge plus the ‘noise’. However, so far it has not been communicated what this will mean. change. Muchitsch: “Krone.tv is the first TV channel where I will now announce the outcome of the negotiations.”
Overall, the construction industry is currently under heavy pressure, which has also made salary negotiations more difficult. Nevertheless, the association is satisfied with the result achieved.
In the video above you can see what the union boss says about the current strike of the metal workers, where an agreement is still pending and there is even talk of a strike, and Muchitsch evaluates the work of the current federal government in the fight against the inflation.
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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.