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Collectively agreed pay rises

The second stage of the collective pay agreement of 13 May 2006 was implemented at Deutsche Post AG with effect from 1 November 2007. The linear wage increase of 2.5% for hourly workers and salaried employees corresponds to a pay rise of 2% compared with the previous year. New collective pay agreements with a term of eighteen months were concluded for some 5,000 people employed by subsidiaries. The companies concerned are DHL Vertriebs GmbH & Co. OHG, DHL Verwaltungs GmbH, DHL Express Germany GmbH, DP IT Services GmbH and the DP property companies. Employees’ pay scales were raised by 3.3% with effect from 1 October 2007 or 1 January 2008. Depending on the applicable legacy arrangements, employees received one-off payments of between €400 and €650 for the period between the agreements’ conclusion and their taking effect.