Home » Industrial relations » National industrial relations » Austria: metal industry strikes collective agreement in record time Austria: metal industry strikes collective agreement in record time Through . Published on 25 September 2020 à 14h10 - Update on 25 September 2020 à 16h18 Resources On Thursday 24 September in Vienna, social partners in the metal industry struck a collective agreement applicable to the sector’s 190,000 employees (40,000 of whom are currently on short-time working) in a record time of just one hour. It comes 10 days after employers in the sector requested that the traditional autumn negotiations for the six metal industry sub-sectors be completely postponed. While the Pro-Ge (industry) and GPA-djp (private sector employee) unions rejected the prospect of no wage increases being negotiated, they accepted the principle of a minimalist crisis agreement. At the end of their first set of talks, which lasted just one hour, social partners came out to present the following agreement: wages will be increased by 1.45%, the rate of inflation observed over the past year. In addition, a “coronavirus bonus” of €150 can be paid by companies that have the means and the desire to do so. Finally, the volume of “negative” hours that can be placed in a time savings account will be increased from 120 to 180 until the end of 2023, in order to provide more flexibility to companies in difficulty. Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageNameThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels