Rise in negotiated pay increases in first half of 2007
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(August 2016) Pay deals at an average of 2.5% in the first half of the year were slightly below the same period last year but delivered a 2% real increase in pay with inflation at only 0.5%. This is the main finding of the regular analysis of collectively negotiated pay deals published by the trade union-linked WSI research institute, part of the Hans Böckler Foundation. The major deals during this period included the 2.4% awarded to federal and local government workers and the 2.8% in the metall sector. Read more at WSI (DE).
The trade union-linked research organisation WSI reports that negotiated pay increases across the economy reached 3.1% in the first half of the year, up on the 2.4% recorded in the comparable periods in the last two years. With inflation at 1.7% this means a real increase of 1.4%. The highest increases came in construction (5.2%), metal (4.0%) and the public sector (3.75%), with the last including 4% increases for new starters, lower paid and some specific occupations.