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A collective wage agreement has been reached for the approximately 930,000 employees in the German construction industry, the IG BAU union and employers announced jointly on Wednesday. In the third week of strikes, both parties agreed on a joint proposal with a three-year term. The proposal is to be discussed in committees until June 14. Until then, industrial action measures are suspended. By the end of the three-year period, the full alignment of wages in Germany's eastern states with those in

BERLIN -The German construction sector faces its first nationwide strike since 2002 after employers rejected a deal on Friday that independent negotiators had hoped would solve their... -May 03, 2024 at 09:26 am EDT - MarketScreener

Germany Real Estate: GERMANY-CONSTRUCTION/STRIKE (UPDATE 1)UPDATE 1-German builders to strike in latest blow to troubled construction sector

German construction industry union colludes with employers to drag out bargaining Last week, building industry employers in Germany prematurely broke off collective bargaining for some 890,000 workers in the main construction sector. Although the existing contract expires on June 30, the third round of negotiations will not take place before August. The employers are sticking with their first offer, a total pay increase of 3 percent with a two-year contract, which they had already presented in May. It is an obvious provocation that aims to postpone discussion as far as possible into the autum...