Postal strike averted

2nd June 2004, Comments 0 comments

2 June 2004 , MUENSTER - Deutsche Post and the services workers union ver.di reached a new two-year wage agreement Wednesday in last-ditch talks to avert a possible strike, the two sides announced. Under the agreement retroactive to May, Deutsche Post's 160,000 employees are to receive a 2.7 percent pay hike starting in November 2004. In November 2005, they will receive a 2.3 percent boost in their wages for the remainder of the accord up to May 2006. In addition, postal employees will receive one-off paym

2 June 2004

MUENSTER - Deutsche Post and the services workers union ver.di reached a new two-year wage agreement Wednesday in last-ditch talks to avert a possible strike, the two sides announced.

Under the agreement retroactive to May, Deutsche Post's 160,000 employees are to receive a 2.7 percent pay hike starting in November 2004.

In November 2005, they will receive a 2.3 percent boost in their wages for the remainder of the accord up to May 2006. In addition, postal employees will receive one-off payments of EUR 65 in July and September of this year.

A press conference was to be held later Wednesday to specify details of the agreement.

The deal was hammered out in the third and what was to have been the last round of talks between Deutsche Post and the services workers union ver.di, with the union threatening to launch strike action if an agreement were not reached.

The union had been seeking a one-year, 4 percent wage hike for the postal employees.

 

 DPA

Subject: German news

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