Labor union contract - Higher wages for employees in East Germany's textile industry
In the East German textile sector, workers are set to receive more money following a successful third round of negotiations. This news was revealed on Saturday by the Association of North-Eastern German Textile and Clothing Industry, which took around 15 hours of discussion to reach an agreement.
Prior to this, the industry had seen several warning strikes. The German trade union IG Metall confirmed the deal upon request.
As per the terms, employees will get a 10.0% raise in their salaries alongside tax-free inflation adjustment payments worth 1250 euros. The annual bonus will increase in stages by 2029, and the early retirement scheme will continue with more flexible design options. The contract will be valid for 22 months.
The primary regions for the East German textile industry are Saxony and Thuringia. Approximately 14,500 of the 16,000 workers are stationed in these two states, making them one of the four biggest textile hubs in the country.
