The Sparda-Bank Berlin and the trade union ver.di have agreed on a collective agreement. A 35-hour week with full wage compensation is being introduced for employees of the cooperative bank with the largest number of members in East Germany. The reduction in working hours from the current 39 weekly working hours to 35 hours will take place in 2 steps on 1 January 2024 and 1 January 2025. This corresponds to a wage increase of 11.4%. In addition, there will be a one-off payment of € 2,400 net in January 2024. The collective agreement runs until 31 March 2026.
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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.