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K+S company logo: More money from April 1st
Photo: Zucchi Uwe / dpa
Around 10,000 employees of the fertilizer and salt company K+S get more money thanks to a collective bargaining agreement.
From April 1st, they will receive an additional monthly gross amount of 200 euros, as announced by the company and the IG BCE union.
From April 1, 2024, the monthly fees will increase again by two percent.
In addition, the collective bargaining partners agreed on a tax and duty-free inflation compensation premium of 3,000 euros on March 1, 2024 and a one-off payment of EUR 1,700 gross on March 1, 2024.
The new collective agreement runs until the end of 2024. K+S, with its headquarters in Kassel, has plants and mining sites in Hesse, Thuringia, Saxony-Anhalt, Lower Saxony and North Rhine-Westphalia.
Taking into account various surcharges, the IG BCE spoke of an “average permanent income increase of 8.5 percent and two full one-off payments”.
Chief negotiator Moritz Hautmann explained: "We have agreed on a good overall package that is impressive and with which the employees receive their deserved share of the company's economic success".
Christoph Wehner, chief negotiator on the employers' side and general manager of the Association of the Potash and Salt Industry, judged: "We went to our pain threshold and even beyond to reach an agreement." This is economically difficult to cope with.
»The result achieved represents a challenge in mastering the transformation that lies ahead of our industry.«
ssu/dpa-AFX
