Aldi Agreement 2020: What You Need to Know

Aldi, the popular German discount supermarket chain, has reached a new collective agreement with its employees in Germany for the first time in four years. The agreement affects around 36,000 employees and will come into effect in March 2020.

Here`s what you need to know about the Aldi Agreement 2020:

Wages

Under the new agreement, Aldi employees will receive an increase in wages. The company will invest around 160 million euros ($175 million) in wage increases for its employees over the next two years. The wage increases will be staggered, with a 3% increase in the first year and a further 1.5% increase in the second year.

The increase in wages is higher than the inflation rate in Germany, which is currently at 1.1%. This is a significant improvement for Aldi employees who have long been advocating for a wage increase.

Working Hours

Another significant change under the Aldi Agreement 2020 is the reduction in working hours. Employees will work an average of 37.5 hours per week, down from the previous 38.5 hours. This means that Aldi employees will be able to enjoy an extra hour of free time every week.

Vacation Days

The new agreement also increases the number of vacation days for Aldi employees. Under the old agreement, employees were entitled to 30 days of vacation after 15 years of employment. With the new agreement, employees will be entitled to 30 days of vacation after just 6 years of employment.

This is a welcome change for many Aldi employees who have long felt that they were not receiving enough vacation time.

Conclusion

The Aldi Agreement 2020 is a significant improvement for Aldi employees in Germany. With wage increases, a reduction in working hours, and an increase in vacation time, employees will enjoy a better quality of life. The agreement is a reflection of Aldi`s commitment to providing fair and competitive compensation to its employees.

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