EQS-News

R. STAHL reaches forward-looking collective bargaining agreement with Works Council and IG Metall

EQS-News: R. Stahl AG / Key word(s): Agreement/Contract R. STAHL reaches forward-looking collective bargaining agreement with Works Council and IG Metall 11.04.2024 / 10:30 CET/CEST The issuer is solely responsible for the content of this announcement. R. STAHL reaches forward-looking collective bargaining agreement with Works Council and IG Metall

• Agreement provides for location and employment guarantee until 2030 with a 37-hour week
• Gives both contractual partners long-term planning security
• Negotiations conducted in an atmosphere of mutual respect
• Investments as accompanying condition

Waldenburg, 11 April 2024 - R. STAHL has reached a far-reaching collective bargaining agreement with the Works Council and IG Metall Baden-Württemberg for the main location in Waldenburg. The agreement’s key elements include the establishment of a 37-hour working week for all employees covered by the collective bargaining agreement, as well as job and location safeguards for the entire workforce at the location until the end of 2030. The supplementary collective bargaining agreement applies retroactively from January 2024 for the companies based in Waldenburg: R. STAHL AG, R. STAHL Schaltgeräte GmbH and R. STAHL Services GmbH.

Additional outcomes from contract negotiations include an additional vacation day to be determined annually by management and the expansion of the existing bonus scheme, which now takes effect at an EBT yield of 3% (previously from 5%). R. STAHL has also made a commitment to make further investments, for example in various production machines and also to expand its production space.

For economically weaker phases with declining order intake, working hours can be made more flexible within a clearly defined framework. The new agreement replaces the existing collective bargaining agreement for the location. It that agreement had expired, the company would have been subject to the regional collective bargaining agreement. 

“We are pleased to have achieved far-reaching planning security with this positive collective bargaining agreement for all parties involved”, says Dr. Mathias Hallmann, CEO of R. STAHL AG. With attractive working conditions, the explosion protection expert is also clearly setting itself apart in the competitive market for skilled workers and emphasizing its clear commitment to the location. The seven-year contract term rounds off the stable agreement and provides scope to continue the successful implementation of the Group strategy.