Christmas parties in danger: strike threatened cash supply in Germany!

Christmas parties in danger: strike threatened cash supply in Germany!

in Germany, where the Christmas business is in full swing, an agreement in the tariff dispute of the money transport industry ensures relief. This happened after intensive negotiations that were completed on December 17, 2024. Verdi trade union threatened with warning strikes that could have led to the feared empty ATMs at banking institutions such as Sparkasse and Volksbank. But now there is certainty: Cash will not assume in the hectic pre-Christmas period, such as berlin-live.de reported.

This agreement brings a salary increase of up to 8.43 percent over a term of two years for the approximately 10,000 employees in the industry. The new collective agreement will be effective from the beginning of 2025, which was classified by Verdi as acceptable. Verdi negotiator Sonja Austermühle emphasized: "We have proven a long breath, and that was worth it." However, the employer representative Hans-Jörg Hisam warned that the associated cost increases could bring significant business consequences, as Br.de reported.

Despite the agreement, unrest had arisen in the meantime, since an already negotiated compromise had been surprisingly rejected by the union members. This led to a more intensive round of negotiations, during which there were already small warning strikes that slightly impaired cash supply. To counteract this, the companies had also equipped their ATMs with cash to ensure the supply.