German union will get half its four-day-week wish

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Germany’s powerful IG Metall trade union, which represents 2.7 million metal and electrical workers, is considering demanding a reduction in working hours, but without a proportional pay cut. Its wish may come partly true, writes swahapattanaik:

Germany’s largest trade union, IG Metall, on Aug. 15 proposed negotiating for a move to a four-day week to help secure jobs against the economic fallout from the coronavirus crisis and structural shifts in the automobile industry.

IG Metall leader Joerg Hofman told the Sueddeutsche Zeitung daily that if companies agreed to cut working time, employees should not necessarily see their salary cut by the same amount, or they would not be able to afford to work fewer hours. Germany’s Verdi and dbb labour unions on Aug. 25 demanded a 4.8% wage increase over a period of 12 months for more than 2.3 million public sector workers in the federal government and municipalities.

Source: Financial Digest (financialdigest.net)

 

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