Workers reach pact with Deutsche Post
Deutsche Post agreed with about 130,000 workers on a new wage accord whose components include cash payments and pay rises. Under the two-year pact, the company will pay out EUR250, or USD322, in cash during the first six months of the agreement, which runs from May 1, Deutsche Post said Saturday. The agreement is equal to a 2.3 percent wage increase in the first year of the program and a 2 percent increase in the second year, Deutsche Post said. Deutsche Post said it reached the accord after two rounds of talks with Ver.di, a trade union representing the interests of the company’s work force.
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