The “Krone” now has the figures for the KV increases for metalheads, which will apply from November. Because the autumn wage round will remain flat this year, because a two-year agreement was agreed last year after tough negotiations. We show how much more the almost 200,000 metalheads get now.
According to trade unionist Reinhold Binder, last year was “the most serious labor conflict in sixty years”. Ultimately, employers and employees agreed on an average increase of 8.6 percent. The deal was therefore lower than the underlying inflation of 9.6 percent. That’s different this year. The agreement will see incomes rise sharply from November 1, 2024 – even though the domestic industry is in a difficult situation.
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.
