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Last Trade - 25/02/20

Sector
Financials
Size
Large Cap
Market Cap £9.58bn
Enterprise Value £15.87bn
Revenue £30.23bn
Position in Universe 104th / 1050

German insurance employees to get two-step salary rise -union

Sat 30th November, 2019 12:05pm
FRANKFURT, Nov 30 (Reuters) - German union Verdi said on
Saturday it had reached agreement with employers to raise
salaries for 170,000 employees in Germany's insurance sector.
    Salaries will increase in two steps, Verdi said, with the
first raise - 2.8% - taking place on April 1, 2020 and the
second - 2.0% from June 1, 2021. The new deal will also include
a one-time payment of 225 euros per employee on Dec. 1, 2019.
    The agreement will run until end-January 2022.

 (Reporting by Christoph Steitz
Editing by Mark Heinrich)
 ((christoph.steitz@thomsonreuters.com; +49 69 7565 1269;
Reuters Messaging:
christoph.steitz.thomsonreuters.com@reuters.net))
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