New collective bargaining negotiations:

What wage increases we can now expect

The "Krone" shows the extent to which incomes in the metal industry and metal trade are set to rise - and how the increases in trade, the public sector etc. are likely to turn out this time.

(Bild: stock.adobe.com - magele-picture)

There's a lot of money at stake again: this week, the social economy kicked off the fall wage round, soon to be followed by other sectors such as retail, railroad workers and the public sector. Wifo economist Benjamin Bittschi analyzes in the "Krone" which wage increases can be expected this time.

The increase for metalworkers, which will apply from November 1, has already been determined - as reported by "Krone". Last year, employers and the union agreed on a fixed formula for the adjustment in fall 2024. We now show in a clear chart how much more employees in the metal industry will soon receive depending on their current income level - gross, net and also from January 1, 2025, taking into account the increase in tax brackets (keyword: "cold progression"), which will benefit employees even more on balance.