Germany - Agreement on double wage hike and bonus in chemical sector - October 31, 2022

The employers of the chemical and pharmaceutical industry agreed with the trade union IG BCE on two wage hikes of 3.25%, one for the beginning of 2023 and the other a year later. The employers’ organisation BAVC said in a statement that the agreement for 580,000 employees, which runs for 20 months until June 2024, struck a balance between the need to stay competitive and workers' interests. The deal, which also includes one-off tax-free payments worth a combined €3,000, allows companies to postpone the hikes by up to three months in economic hardship. In total, special payments and regular pay increases result in a net increase of an average of 12.94%, and in the lowest pay group it is even 15.64%.

Read on: in English… Read on: in German…

For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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