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Employees of German cooperative banks secure 11% pay increase

Published by Global Banking & Finance Review

Posted on March 18, 2025

1 min read

· Last updated: January 24, 2026

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German Cooperative Bank Employees Receive 11% Pay Increase

FRANKFURT (Reuters) - Tens of thousands of employees for Germany's cooperative banking sector secured an 11% pay increase after multiple rounds of wage talks, the employers' group representing the banks said on Tuesday.

The pay increase, which affects 135,000 staff, will take place in three steps and between April 2025 and April 2027.

(Reporting by Tom Sims, editing by Kirsti Knolle)

Key Takeaways

  • German cooperative bank employees secure an 11% pay rise.
  • The wage increase affects 135,000 staff members.
  • The pay rise will be implemented in three steps.
  • Negotiations concluded after multiple rounds of talks.
  • The increase spans from April 2025 to April 2027.

Frequently Asked Questions

What is the main topic?
The main topic is the 11% pay increase secured by employees of German cooperative banks after wage negotiations.
Who is affected by the pay increase?
The pay increase affects 135,000 employees of Germany's cooperative banking sector.
When will the pay increase take effect?
The pay increase will be implemented in three steps between April 2025 and April 2027.

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