Germany raises wages in many areas, learning who will benefit from this decision

Germany raises wages in many areas, learning who will benefit from this decision

The German government has reached an agreement with public sector unions on salary increases. This agreement will benefit 2.3 million workers in local and federal administration. Lower salaries would increase by 4.5%, while higher ones for 3.2%. This agreement will benefit greatly [...]

Under this agreement, health workers will benefit greatly because 600 euros in salary increases are provided for workers in this category.

And satisfying wage increases will be for elders at home. Additional funds have also been earmarked for nurses.

According to union representatives, employees in the health sector especially deserve an increase due to their primary role in the fight against pandemic.

The European Central Bank is closely monitoring wage growth talks in Germany so that it does not potentially jeopardise the inflation target.

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