Deliver Your News to the World

Lufthansa and Verdi conclude long-term labor agreement

-New collective wage agreements concluded for around 28,000 employees
-Up to 6 percent pay increase for 33 months
-Term from 1 January 2018 to 30 September 2020


WEBWIRE

Lufthansa and Verdi have today concluded long-term new collective labor agreements for the approximately 28,000 ground employees of Lufthansa, Lufthansa Cargo, Lufthansa Technik and LSG Sky Chefs in Germany. The new collective wage agreement provides for a total increase in remuneration of up to six percent. The collective agreement has a term of 33 months from 1 January 2018 to 30 September 2020. The agreement is subject to approval by the relevant committees.

The remuneration increase is carried out in two steps: By three percent on 1 February 2018 and by a further three percent on 1 May 2019. The second increase depends on the adjusted EBIT margin specific to the business segment, whereby an increase of at least 1.8 percent is guaranteed, irrespective of the margin achieved. The collective wage agreement thus takes into account the economic development of the Lufthansa Group companies. For Lufthansa Technik employees, the first increase will not be in percentage terms, but in the form of a corresponding fixed amount. Thus, the conclusion of a claim by Verdi takes into account.

With this variable remuneration model, we take into account the economic situation of our individual business segments,“ says Bettina Volkens, Chief Officer Corporate Human Resources and Legal Affairs of Deutsche Lufthansa AG.

The remuneration of the Group’s trainees in all business segments will be increased by 40 as Euro effective 1 February 2018 and 1 May 2019.

“I am pleased that we have been able to conclude a long-term collective agreement with Verdi for our largest group of employees. We have thus achieved collective bargaining peace for all major Lufthansa employee groups in Germany,” says Bettina Volkens.


( Press Release Image: https://photos.webwire.com/prmedia/6/219967/219967-1.jpg )


WebWireID219967





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.