Lufthansa inks long-term agreement with Verdi trade union
Lufthansa and Verdi trade union have concluded new long-term collective labour agreements for the approximately 28,000 ground employees of Lufthansa, Lufthansa Cargo, Lufthansa Technik and LSG Sky Chefs in Germany, the largest group of employees within Lufthansa. The new agreement provides for a total wage increase of up to 6%. It has a term of 33 months—from Jan 1, 2018 to Sept 30, 2020—and is subject to committee approval. The deal spells out a 2-step wage increase of 3% on Feb 1, 2018 and a further 3% on May 1, 2019. The second increase depends on the adjusted EBIT margin specific to the business segment, whereby an increase of at least 1.8% is guaranteed, irrespective of the margin achieved. As a result, the new agreement considers the economic development of the Lufthansa Group companies. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-02-08/star/lufthansa-inks-long-term-agreement-with-verdi-trade-union
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Lufthansa inks long-term agreement with Verdi trade union
Lufthansa and Verdi trade union have concluded new long-term collective labour agreements for the approximately 28,000 ground employees of Lufthansa, Lufthansa Cargo, Lufthansa Technik and LSG Sky Chefs in Germany, the largest group of employees within Lufthansa. The new agreement provides for a total wage increase of up to 6%. It has a term of 33 months—from Jan 1, 2018 to Sept 30, 2020—and is subject to committee approval. The deal spells out a 2-step wage increase of 3% on Feb 1, 2018 and a further 3% on May 1, 2019. The second increase depends on the adjusted EBIT margin specific to the business segment, whereby an increase of at least 1.8% is guaranteed, irrespective of the margin achieved. As a result, the new agreement considers the economic development of the Lufthansa Group companies. <br/>
