TNT to undercut German governments planned minimum wage for postal sector

Deutsche Post AG rival TNT NV plans to introduce its own, lower pay scale in response to the German government’s planned introduction of a minimum wage in the postal sector, Financial Times Deutschland reported.

‘We will insist on the independence of our pay structure and if necessary do so via the courts,’ TNT Post Germany CEO Mario Frusch told the newspaper.

TNT, which is number two to Deutsche Post in the German mail market, plans a minimum wage of no more than 7.50 eur per hour, Frusch added.

This compares to the 9.80 for the industry contained in the government bill due to go before the upper house of parliament on Dec 20.