Unions and employers in Germany's powerful metalworking industry agreed a 4.8-percent pay hike Friday in a deal that will set the tone for wage negotiations in most other key sectors of Europe's biggest economy. In a so-called pilot agreement for the regional state of North Rhine-Westphalia - which will serve as a benchmark for all 3.8 million workers in the sector nation-wide - employees will receive a one-off payment of 150 euros ($170) for the period from April to June 2016. They will then see their pay rise by 2.8 percent on July 1 and again by 2.0 percent in April 2017, the mighty labour union IG Metall said in a statement.
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