IG Metall scales back wage demand amid automotive sector pressure
IG Metall has reduced its salary increase request for the metal and electrical industry, citing difficulties in the auto sector.
The union, which previously sought double-digit raises, now asks for a smaller pay rise for the roughly four million workers it represents. It notes that its initial demand is usually set high to allow room for negotiation. Companies with higher earnings are expected to contribute more to the increase.
Why it matters
The adjusted demand could influence wage negotiations and industrial stability in Germany's key manufacturing sectors.
In this story
wage demandmetal industryelectrical industryauto sectornegotiation strategyGerman manufacturing
