BERLIN: Wages of some 12.5 million German workers are due for negotiation this year and economists reckon their paychecks will outpace inflation to rise by between 2.5 and 4.0 percent.
Just under 60 percent of workers in Germany are covered by collective wage agreements, down from around 75 percent 15 years ago.
According to the Hans Boeckler Foundation. Negotiated wage deals act as a signal for wage rises in other areas of the economy.
Comments
Comments are closed.