Salary offensive in Austria: Many industries benefit from May!

Salary offensive in Austria: Many industries benefit from May!

Österreich, Österreich - The collective agreement negotiations in Austria also bring significant salary increases for numerous employees in May 2023. These adjustments are part of the routine increases in salary, which are usually negotiated in January, but a significant change now comes into force on May 1st. Several industries experience wages and salaries, which is of great importance for both employers and employees, because more and more people are affected.

In the wood industry, around 27,400 employees are happy about a wage increase of 2.8 percent. At the same time, the actual wages and actual salaries in this industry increase by 2.75 percent, but a maximum of 90 euros per month. This increase is part of a two-year conclusion that also stipulates that from May 1, 2026 a new KV and actual increase will take place based on inflation. Positive developments must also be reported for the hotel industry and gastronomy: wages are increased by annual inflation plus 1.0 percent, while the minimum salary in this industry for the first time exceeds the 2,000 euros mark.

additional adjustments in the industry

A look at the upcoming wage increase in May 2025 shows that employees in various industries will also benefit. In the chemical industry with an increase in wages by 2.65 percent from May 1, 2025, the minimum adjustment is 80 euros, while the maximum limit is 113 euros. In the woodworking industry, the income also increases by 2.75 percent, while skilled workers: In the carpenter and wood designer area from May 1, 2025, an increase of 2.85 percent received.

The food and luxury food industry also received special attention, in which an inflation compensation of 8.7 percent is planned from November 2023. For many workers, this development not only brings a financial improvement, but also a strengthening of purchasing power at a time when the cost of living is increasing.

other industries in focus

Other industries that are also affected by wage increases include the construction industry, which can benefit from an increase of 2.7 percent for 100,000 workers from May 1, 2025. The social economy also provides for a 4 percent salary increase for 130,000 employees from January 2025.

The agreements on the wage increase show that there is a need to appropriately reward employees in Austria, in particular against the background of increasing living costs and persistent inflation. The collective agreement negotiations are an important step towards a fairer remuneration in various sectors of the economy. Overall, employers and employees seem to want to communicate on cooperation and mutual benefits in order to counter the challenges of the current economic situation.

For more detailed information on the upcoming adjustments in additional industries, visit the details on [OE24] (https://www.oe24.at/businesslive/diese-s--s-s-ab-mai more and more [ÖGB] (https://www.oegb.at/themen/arbeitsrecht/kollective contract/aktuelle-kollective contract negotiations).