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Kardemir Signs Collective Bargaining Agreement: 54% Wage Increase for First Six Months

Summary by Bazaar Times
A collective bargaining agreement covering the years 2025 and 2026 has been signed at Karabuk Iron and Steel Factories (Kardemir). Wage Increases and Social Benefits According to a written statement by the Ozçelik-Iş Union, the agreement stipulates: A 54.38% wage increase for the first six-month period based on the workplace average as of December 31, 2024. A wage increase based on inflation for the second six-month period. A 2% increase on top…
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Kardemir Signs Collective Bargaining Agreement: 54% Wage Increase for First Six Months

A collective bargaining agreement covering the years 2025 and 2026 has been signed at Karabuk Iron and Steel Factories (Kardemir). Wage Increases and Social Benefits According to a written statement by the Ozçelik-Iş Union, the agreement stipulates: A 54.38% wage increase for the first six-month period based on the workplace average as of December 31, 2024. A wage increase based on inflation for the second six-month period. A 2% increase on top…

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Bazaar Times broke the news in on Thursday, April 3, 2025.
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