End of a week-long dispute: Skoda increases the salary for its employees in the Czech Republic by twelve percent. The automaker is one of the largest and most important employers in the country.
Skoda Vision X
Friday, 06.04.2018
22:19
The employees of the Czech VW subsidiary Skoda get twelve percent more money. The Kovo union said it accepted the latest offer from employers. This is a strike in one of the largest factories in the country averted. Employees and employers had struggled for weeks for the conclusion. The car manufacturer initially offered around eight and later ten percent more. The unions had demanded a plus of 14 percent.
The financial statements are valid retroactively from 1 April and have a term of twelve months. Employees still have to agree to the offer, which is considered safe. Skoda employs according to own data in Czech Republic around 32,000 people.
The vehicles of Skoda, the largest exporter of the Czech Republic, are in the nearly 30 years of belonging to Volkswagen become a bestseller. Strikes are rather rare in the Czech Republic. The country’s economy is largely driven by the auto industry. In the wake of strong economic growth over many years and the drop in unemployment to its lowest level in two decades, wages are rising in all areas and putting pressure on employers.