Private‑sector workers largely forego holiday pay, highlighting wage inequality amid inflationExecutive summary: A new survey reveals that most private‑sector employees in Germany do not receive holiday pay and many have fewer vacation days. The absence of holiday pay signals wage restraint in the absence of collective bargaining and could dampen consumer demand. The survey concerns private‑sector workers, employers across various industries, and labor‑market analysts. Negotiations may intensify as unions seek improved compensation packages, and policymakers could examine incentives to boost holiday pay.A recent Handelsblatt survey shows that most private‑sector employees in Germany do not receive holiday pay, and many have fewer vacation days. The findings stem from the absence of collective bargaining agreements and point to growing wage restraint. This trend could dampen consumer spending and intensify labor‑market scrutiny.Connected developmentsZuschuss für die Reisekasse: Großes Gefälle: Nur knapp die Hälfte bekommt UrlaubsgeldEnergie: Ölpreise nach starkem Rückgang nur wenig bewegtZuschuss für die Reisekasse: Großes Gefälle: Nur knapp die Hälfte bekommt UrlaubsgeldOpen the full case file on Beyond →
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