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D.Telekom strikes pay deal; German public sector strikes continue


FRANKFURT/BERLIN (Reuters) - Deutsche Telekom and services union Verdi have agreed to raise wages for 62,000 German staff by up to 5.2 percent, in two stages through to March 2020, they both said on Thursday.The deal, agreed in a fourth round of talks, came after an escalating series of one-day walkouts by staff at Europe's largest telecoms company that coincided with industrial action by public sector workers also represented by Verdi.Most Deutsche Telekom staff will receive a pay rise of 3.1 percent on May 1, followed by a 2.1 percent increase a year later. More highly paid staff will get ...

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First Published: Fri, April 13 2018. 00:14 IST