Andreas
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Posts: 5880
Joined: Tue Oct 09, 2001 7:56 pm

LH Wages Negotiation Settled!

Sat Mar 01, 2003 12:54 am

As taken from Reuters a few minutes ago:

Deutsche Lufthansa AG said on Friday it had agreed a pay deal for 55,000
cabin crew and ground crew with union Verdi that lasts through
2004.
The mediated agreement includes a 3.2 percent pay hike from
January of 2003, followed by an additional 1.8 percent hike in
October and another 1.2 percent rise in May of 2004, the airline
said in a statement.
The workers are also to get a one-time 250-euro ($269)
payment for November and December of last year.
The airline said it had also agreed on a package of
personnel cost savings measures to secure jobs in "times of
crisis" that included flexible working schedules.

Well it seems the result this time is somewhere in the middle between union and management, it's probably the flexibility clause that makes it worthwhile for management, besides LH did prove to be very reluctant to fire people in times of crisis...like right now, for example! This should make it a bit easier to stick to this rather unusual but nonetheless very good policy.
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Fly-K
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Joined: Thu May 04, 2000 4:26 pm

RE: LH Wages Negotiation Settled!

Sat Mar 01, 2003 1:05 am

Sounds complicated, I'm just calculating how much extra finds the way into my pocket...
Once you have tasted flight, you will forever walk the earth with your eyes turned skyward, for there you have been...
 
Andreas
Topic Author
Posts: 5880
Joined: Tue Oct 09, 2001 7:56 pm

RE: LH Wages Negotiation Settled!

Sat Mar 01, 2003 1:15 am

Don't forget to take "Vater Staat" into account...that should translate into...one cheeseburger in the food plaza in Terminal 2...per month Big grin Big grin Big grin
I know it's only VfB but I like it!
 
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Fly-K
Posts: 2994
Joined: Thu May 04, 2000 4:26 pm

RE: LH Wages Negotiation Settled!

Sat Mar 01, 2003 4:53 am

I'm hoping for a Big Mac at least  Big grin
Once you have tasted flight, you will forever walk the earth with your eyes turned skyward, for there you have been...