German Civil Servants Get Pay Increase in Excess of Inflation

It is not being widely discussed, but we suspect the wage settlement in Germany over the weekend is an important development. The agreement that covers 765k state government workers in Germany, represented by Verdi, reached a two-year deal for a 5.6% wage increase. It includes a retroactive 2.65%…

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German Civil Servants Get Pay Increase in Excess of Inflation