German mail workers win 5.7 percent raise

BERLIN — German postal workers have won a 5.7 pay raise over two years in a deal that follows a string of short walkouts. It’s one of several current disputes in which unions sought hefty increases.

The ver.di union and mail company Deutsche Post AG reached the deal for some 132,000 workers Friday.

They will get a 3.1 percent increase on Aug. 1, followed by another 2.6 percent in October 2014. The deal runs through May 2015.

Ver.di went into talks seeking a 6 percent hike and staged repeated “warning strikes” in recent days to underpin its demand. In separate negotiations, the IG Metall union is currently pushing for a 5.5 percent raise over a one-year period for workers in Germany’s key manufacturing sector.

The demands reflect the German economy’s relative health.

More in Herald Business Journal

Voters are on the sidelines as the port fills a vacant seat

Troy McClelland resigned from the Port of Everett commission too late for an election before 2019.

Don’t rely just on productivity measurements to value a worker

The controversies swirling around the productivity data at the national level are… Continue reading

In space capsules today, little room but big improvement

Boeing and SpaceX are relying on a tried-and-true design as they each develop new spacecraft.

First Boeing KC-46 delivery to Air Force slides into 2018

Certification milestones have been missed, and problems have emerged in flight test, a source says.

SEC reveals hack, possibility info was used for trading

The regulatory agency said the hack was discovered last year.

Newest must-try eatery: 85°C Bakery Cafe in Lynnwood

The popular bakery, part of a Taiwan-based chain, is already drawing out-the-door crowds.

Snohomish County tax liens

Tax liens are gathered from online public records filed with the Snohomish… Continue reading

Trudeau: Canada could stop dealing with Boeing over dispute

Boeing had petitioned the U.S. to investigate government subsidies of Bombardier’s CSeries aircraft.

Toys ‘R’ Us files for bankruptcy but keeps stores open

Retailers of all kinds are struggling. Toys ‘R’ Us is among at least 18 other bankruptcies this year.

Most Read