German Industrial Workers to Get 3.4 Percent Pay Raise

February 24, 2015 8:45 AM

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Millions of German industrial workers are set to get a 3.4 percent pay increase this year following a deal between employers and a major union.

Tuesday's agreement will see the raise take effect in April. Workers will each get a one-time payment of 150 euros ($170) for January-March.

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