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Home Travel News

Lufthansa and Verdi conclude long-term labor agreement

by The FINANCIAL
February 7, 2018
in Travel News
0
Lufthansa Group Airlines Welcome Around 13.2 Million Passengers on Board in October 2018
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The FINANCIAL — Lufthansa and Verdi have on February 7 concluded long-term new collective labor agreements for the approximately 28,000 ground employees of Lufthansa, Lufthansa Cargo, Lufthansa Technik and LSG Sky Chefs in Germany.

The new collective wage agreement provides for a total increase in remuneration of up to six percent. The collective agreement has a term of 33 months from 1 January 2018 to 30 September 2020. The agreement is subject to approval by the relevant committees, according to Lufthansa.

The remuneration increase is carried out in two steps: By three percent on 1 February 2018 and by a further three percent on 1 May 2019. The second increase depends on the adjusted EBIT margin specific to the business segment, whereby an increase of at least 1.8 percent is guaranteed, irrespective of the margin achieved. The collective wage agreement thus takes into account the economic development of the Lufthansa Group companies. For Lufthansa Technik employees, the first increase will not be in percentage terms, but in the form of a corresponding fixed amount. Thus, the conclusion of a claim by Verdi takes into account.

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With this variable remuneration model, we take into account the economic situation of our individual business segments,” says Bettina Volkens, Chief Officer Corporate Human Resources and Legal Affairs of Deutsche Lufthansa AG.

The remuneration of the Group’s trainees in all business segments will be increased by 40 as Euro effective 1 February 2018 and 1 May 2019.

“I am pleased that we have been able to conclude a long-term collective agreement with Verdi for our largest group of employees. We have thus achieved collective bargaining peace for all major Lufthansa employee groups in Germany,” says Bettina Volkens.

 

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