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Small pay rise for Austrian Post staff

Austrian Post

Staff at Austrian Post will get a small pay rise of just over 2% over the next 12 monthsfollowing a deal between the company and postal unions.

Following several weeks of talks, the two negotiating teams reached an agreement stipulating apay increase of 2.05% (or at least €43 monthly) beginning on July 1, 2011 and valid until June 30,2012.

The wage hike applies to employees encompassed in the collective wage agreement, as well ascivil servants and special contract employees.

Ancillary and fringe benefits, when applicable, were also raised by 2.05%.

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