Dow Jones Newswires: Lufthansa strikes deal with union on pay rise for land personnel

by | Aug 5, 2022 | Stock Market

Deutsche Lufthansa AG
LHA,
+6.41%
and German union Verdi have come to an agreement over pay rises for land personnel, the company and the union said late Thursday. The changes, which are still awaiting approval from a union committee, will affect about 20,000 workers on land duty, including employees of Lufthansa Cargo and Lufthansa Technik.

The pay rise will take place in three steps, the first one being a 200 euro ($204.93) monthly-flat increase valid from July 1. The subsequent steps are a 2.5% rise from Jan 1, and a 2.5% rise from July 1, 2023, Verdi said. The increase includes an inflation adjustment as well as an actual pay rise, according to the union. Michael Niggemann, personnel director and workers directors at Lufthansa, said that the multi-step plan was put in place to face the continuing challenges brought about by the pandemic as well as the uncertain economic scenario. Talks with cockpit and cabin crew are still ongoing, but Mr. Niggemann said that the company shows willingness to come to an agreement. Write to Cecilia Butini at cecilia.butini@wsj.com

Article Attribution | Read More at Article Source

Share This