Germany - Steel workers reach 4% pay increase - March 31, 2017

Around 72,000 steel workers will get a 2.3 percent pay hike from April 2017, and another 1.7 percent from next May in a deal reached for steelworkers in north-western Germany after a third round of negotiations in the western city of Düsseldorf between employers' group Arbeitgeberverband Stahl and trade union IG Metall. IG Metall had called for employees at firms in the steel sector to get 4.5 percent more pay over the course of 12 months. Employers had only offered a 1.3 percent rise during the first round of negotiations but thousands of steel workers have since exerted pressure by carrying out warning strikes.

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