New collective agreement negotiations

What wage increases we can now expect

The "Krone" shows the extent to which incomes in the metal industry and the metal trade are set to rise - and how the increases in trade, the public sector etc. are likely to turn out this time.(Bild: stock.adobe.com - magele-picture)

There's a lot of money at stake again: the cleaning industry has already started wage negotiations, and an agreement has already been reached in the brewing industry. The retail and railroad workers will follow next week, then the public sector. Wifo economist Benjamin Bittschi analyzes in the "Krone" what wage increases can be expected this time.

In the brewing industry, employers and the trade union agreed on a wage and salary increase of 3.9 percent last Friday. The agreement is therefore below the rolling inflation rate of 4.2 percent. The increase for metalworkers, which will apply from November 1, has also already been agreed - as reported by "Krone". Last year, the social partners agreed on a fixed formula for the adjustment in fall 2024. We now show in a clear chart how much more employees in the metal industry will soon receive depending on their current income level - gross, net and also from January 1, 2025, taking into account the increase in tax brackets (keyword: "cold progression"), which will benefit employees even more on balance.