Although Post employees are benefiting from a strong collective bargaining agreement, they will probably have to accept a drop in real wages in 2024.
(Photo: IMAGO/Bernd Friedel)
Berlin In view of the sharp rise in prices, the trade unions have recently pushed through much-noticed wage agreements. But despite strong increases in wages and salaries, employees are again threatened with real wage losses in the coming year.
This is shown by a study by the Leibniz Institute for Economic Research Halle (IWH). Its Vice President Oliver Holtemöller analyzed the degrees in the chemical industry, in the metal and electrical industry, at Deutsche Post and in the public sector for the Handelsblatt.
Based on the IWH’s inflation forecast, wages in all four sectors examined will fall in the coming year after deducting price increases. The sharpest drop is among postal employees, who, however, have also recorded the largest real increase in income in the current year, at 7.2 percent.
Collective bargaining does not compensate for inflation
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