Collective bargaining – Higher wages in the paper industry – Economy

The approximately 40,000 employees in the German paper industry will receive more money. In the third round of negotiations in Sulzbach near Frankfurt, the collective bargaining partners agreed on a uniform increase in all salary levels of 200 euros, which will be implemented in two steps from 2023. Fixed amounts benefit the lower salary brackets in particular. As the IG BCE also announced on Saturday, a shift allowance will also be increased by 50 percent and an inflation compensation payment of 3,000 euros will be paid in three one-off payments. This amount is tax- and duty-free according to the requirements of the federal government. The collective agreement runs for 24 months until September 30, 2024.

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