Federal Inner Cabinet reaches agreement on wages | VRT NWS: news

The Federal Inner Cabinet has reached an agreement to end the impasse in the negotiations between employers and the unions on wage increases. Under the agreement companies that are profitable will be able to give their employees a so-called “consumption cheque”, a tax-free gift voucher, worth up to 500 euro. Companies that have made very big profits will be able to offer their employees a consumption cheque worth up to 750 euro. Meanwhile, unemployment benefit will rise less quickly that had bee