Deutsche Post says it agrees wage deal with union to avoid strike

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Deutsche Post says it agrees wage deal with union to avoid strike
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Germany's Deutsche Post postal company said on Saturday it had agreed a wage deal with the Verdi trade union that would enable it to avoid an indefinite strike threatened by unionised workers.

Postwoman Susann Krosse fetches her parcels from a distribution centre of German postal and logistics group Deutsche Post DHL in Ottendorf-Okrilla near Dresden, Germany, December 15, 2022. REUTERS/Matthias Rietschel/File Photosaid on Saturday it had agreed a wage deal with the Verdi trade union that would enable it to avoid an indefinite strike threatened by unionised workers.

The offer - which members still need to vote on - would give Deutsche Post's 160,000 employees in Germany a one-off payment of 3,000 euros over 15 months and raises monthly wages by 340 euros from April 1, 2024, the company said in a statement. That means wages will rise in total by 11.5% on average, with salaries for workers in lower-paid brackets set to increase by more than 20%.

The deal could set a new precedent after unions in other sectors in Europe's largest economy such as the

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