12/11/2017
1. Negotiation on company collective agreement without result
“VW talks economic development small”
DPA
Have not come any closer: Volkswagen VW personnel manager Martin Rosik (l.) And the head of department and negotiator of IG Metall, Thorsten Gröger (right)
The first round of collective bargaining for around 130,000 VW employees has been inconclusive. “The behavior of the employers is disappointing,” said the IG Metall negotiator, Thorsten Gröger, on Monday after the meeting in Hannover. “The company talks down its own economic development and points to global risks.”
A concrete offer VW did not submit. The union demands 6 percent more wages, more money for pensions and a guarantee for obtaining training places.
VW negotiator Martin Rosik pointed to large investments in future technologies that are needed to maintain jobs: “And we have to get a disciplined collective bargaining agreement.” On January 11, the negotiations should be continued. The wage collective agreement at VW expires on 31 January next year. The VW house rate is considered the largest company collective agreement of the German private sector.
Volkswagen Show stock market chart had in late October strong quarterly figures submitted – despite conversion and exhaust scandal. Operating income before special items was 4.3 billion euros in the third quarter, 15 percent more than a year ago. After deducting further provisions for “Dieselgate”, operating earnings still remained at 1.7 billion euros, which was more than expected by experts
Rei / dpa-AFX
Related articles
© manager magazine 2017
All rights reservedReproduction only with the permission of manager magazin Verlagsgesellschaft mbH