Germany - 12% higher wages for bank staff - January 31, 2024

Union ver.di has concluded a collective agreement with the employers’ association of the Sparda banks that provides for a 12% salary increase. For the lower salary groups up to and including collective bargaining group five, a minimum amount ensures an above-average increase. From 1 April 2024, monthly salaries will increase by 8% or at least € 310. From 1 June 2025, there will be a further increase of 4% or at least € 160 per month. The training allowance will increase by € 130 from 1 April 2024 and by a further € 80 from 1 June 2025. In addition, inflation compensation payments totalling € 3,000 (pro rata for part-time workers) will be paid to employees and € 1,500 to trainees by 31 March 2024 at the latest.

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.

Check Out WageIndicator's Newsletters on Gig Work

News Archive

Loading...