Major German union IG Metall said on Monday that it plans to demand significantly higher pay for the approximately 3.9 million employees in the German metal and electrical industry. The union’s executive board wants company bosses to give workers a 7% increase in pay, the union said in Frankfurt. This would be for the 12 months covered by the next collective wage agreement. Training allowances should be increased by €170 ($182), it said. IG Metall boss Christiane Benner said she understood the volatile situation that individual companies were in. However, this should not obscure the stability …