Volkswagen plant
120,000 VW employees get higher wages.
In collective bargaining for the approximately 120,000 employees of VW Group and unions have reached an agreement. This was announced by IG Metall on Wednesday morning after the fourth round of negotiations in Hanover.
Details were not mentioned at first. Instead, IG Metall negotiators and district leader Thorsten Gröger want as well VW– Negotiator and Brand Manager Martin Rosik on Wednesday from 10 clock to inform a press conference.
VW had last offered to raise wages by 3.5 percent from May 2018 and again by two percent a year later, with a total term of 30 months for a new collective agreement. The IG Metall demanded six percent higher wages and a guarantee for the receipt of training places.
Gröger had gone into the fourth round of negotiations with the expectation that “Volkswagen will meet us big steps”. Rosik expected the result to be aligned with the collective bargaining agreement in the area. The sticking point in the talks was recently the improvement of retirement provision demanded by the union.
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The VW house rate is Germany’s largest corporate rate. It applies to around 120,000 employees in the six West German VW plants Emden, Hanover, Wolfsburg, Salzgitter, Brunswick and Kassel and the VW financial subsidiary.