The pay rises agreed last year for employees of Deutsche Post AG were implemented on November 1, 2005, with a linear wage increase of 2.3% for hourly workers and salaried employees. The wage agreement runs until April 30, 2006.
We have agreed wage settlements for employees of the following companies: DHL Express Vertriebs GmbH & Co. OHG, DHL Verwaltungs GmbH, Deutsche Post IT Solutions GmbH, Deutsche Post Bauen GmbH, Deutsche Post Immobilienentwicklung GmbH and Deutsche Post Immobilienservice GmbH. The agreements are valid from January 1, 2005, for a period of two years. They each include a one-time payment of €400, which was made in 2005, as well as a linear increase of 1.8% from February 1, 2006. The wage settlement with DHL Express Betriebs GmbH also provides for a one-time payment of €400, with a linear wage increase of 1.8% from May 1, 2006. This agreement runs from April 1, 2005, for a period of two years.
Collective agreements were also concluded for the around 3,600 employees who joined us from KarstadtQuelle AG. On January 1, 2006, a variable, performance-based element was established as part of employees’ annual income. In taking this step, we have introduced a pay scheme that is customary in our industry and that ensures we are in line with the forwarding and logistics sector in North Rhine-Westphalia. It also provides for a regular working week of 39 hours and flexible working time accounts. Established rights arrangements were drawn up for employees who were transferred. The agreements run until April 30, 2008, and thereby ensure that we can remain competitive in this area.
We have also reached an agreement with German services union ver.di concerning the working and pay conditions for employees at the new DHL air hub in Leipzig/Halle: the most important elements of the collective agreements are the introduction of flexible working hours and a system of pay that is typical for our sector. The agreements run until December 31, 2009, thus ensuring that we can plan reliably for the construction and commissioning of the new European hub.