Tue. Dec 3rd, 2024

Most German Union Workers Already Inflation Compensation of €2,700 on Average

BySilvia Orfeo

03/14/2024
Streik illustration

Wiesbaden, Germany — Over three-quarters of German unionized workers receive an inflation compensation bonus averaging 2,761 euros, the Federal Statistics Office said Thursday.

The construction industry offered the lowest bonuses and the hospitality sector having the fewest employees receiving this extra payment.

The bonus is part of a government relief package to mitigate the effects of the energy crisis, contributing to a 3.7% increase in union wages in 2023 compared to the previous year.

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BySilvia Orfeo

Silvia Orfeo is a Sr. Politics and Economics Reporter at Nobot.News

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