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Chemical industry workers in Germany to get 2.8% pay rise

9:53 AM MDT | March 27, 2015 | Michael Ravenscroft

Employers association and trade union in Germany have agreed on a salary agreement. The 550,000 employees in Germany’s chemical industry will receive a pay rise of 2.8%, following one month further under the current tariff agreement. The agreement, which will be valid for 17 months, was announced today by the employer’s association BAVC (Wiesbaden) and the trade union IG BCE (Hanover). The successful outcome followed nine sets of regional and three rounds of national negotiations. Companies have the right to postpone the new pay increase for up to two...

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