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Before the start of collective bargaining for around 135,000 employees of private banks in Germany, the employers' side is dampening expectations. The unions' salary demands are clearly too high in...
International Business News: FRANKFURT: Deutsche Bank's management has reached a pay deal with unions for thousands of workers at its Postbank division, putting an end to months o.
Employees are demanding a 15.5% pay raise
The German trade union verdi is extending its strikes ahead of the fourth round of negotiations in the wage dispute at Deutsche Bank subsidiary Postbank. On Thursday, in addition to employees in the back-office service units and call centres, verdi is also calling for work stoppages at branches throughout Germany. "This will once again send a clear signal that all employees are behind the demands for a significant improvement in pay and an extension of protection against dismissal," verdi negoti
ROUNDUP 2: Arbitrator defuses collective bargaining conflict for aviation security staff BERLIN/FRANKFURT - After a strike-ridden spring, the risk of further work stoppages in the aviation...