Reinhold Binder, employee negotiator at the collective labor agreement negotiations for metal workers, speaks clearly in the interview with krone.tv: “Last week, 90,000 employees in 270 companies took part in the warning strikes, which was more companies than ever before.
And now that the strikes are expanding, there are even more of them. This creates the largest strike movement of the past forty years.” And this major movement is also necessary because workers’ demands are still clearly being pushed. Even though the economic situation is not only difficult for employees, but also for employers. But according to Binder, the following applies in any case: “No company has ever been saved by wage moderation.”
There is still a clear gap between employers and employees when it comes to offers, even if after eight weeks of negotiations the gap has narrowed: at 10.6 percent, employee demand was reduced by 1 percent on Monday and employers would remain an offer to offer. sustainable increase of 6 percent. If you add a one-off payment and regressive tax progression, it would be as high as 8 percent. Binder: “But that is voodoo mathematics and not real. We will not allow this to throw sand in our eyes.”
It will take some time before an agreement is actually reached. You can see details on the specific status of the negotiations in the video above.
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.
