DB Offers 12% Wage Hike To Avoid Strikes

Eisenbahn- und Verkehrsgewerkschaft

Deutsche Bahn gave a wage increase of up to 12%. The company also provided a payment of 2,850 euros to aid with inflation's impact. The railways operator hopes this offer will stop any strikes.

Workers will receive wage increases for 24 months. The lowest paid employees are offered a 12% increase. Higher earners will receive 10% and 8%. A statement announced this information.

The EVG union will review the offer and talk about it next week. They won't cause another strike until then. The union caused trouble by striking before.

One euro is equal to $1.10. Whenever we need to convert a currency, we need to check the exchange rate. Today, $1 equals 0.9084 euros. It's important to keep an eye on the exchange rate when traveling abroad. Knowing the current exchange rate can help you make better decisions when exchanging money.

Markus Wacket reported and Matthias Williams wrote. Rachel More edited the blog section.

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