Deutsche Post gives up minimum wage plan

[TrueBlueTerrier]

FRANKFURT - Deutsche Post World Net AG has given up on its plans to introduce industry-wide minimum wages after German coalition parties conservatives CDU/CSU and Social Democrats SPD failed to agree on it.

'We will accept current conditions,' the report quoted a spokesman as saying.

Deutsche Post initiated the extension of its minimum wage agreement with services union ver.di, which foresees minimum wages of 8-9.80 eur per hour, to the whole industry.

The plan was supported by SPD, but in the end opposed by CDU/CSU, which argued Deutsche Post's agreement does not cover enough postal workers to be extended to other postal companies. Both parties failed to come to an agreement during a meeting of a mutual committee governing coalition issues Monday night.

Meanwhile, Deutsche Post's competitors who created their own employers' association offered unions to negotiate a separate minimum wage agreement, the report said.