The more than 120,000 employees in the West German VW plants get from May 4.3 percent more money. Those who look after children or have to look after dependents can hope for six days off each year.
VW production in Wolfsburg
Wednesday, 21.02.2018
11:27 clock
More money, better pensions and greater safety for apprentices: In the dispute over the house tariff at Volkswagen, company and IG Metall have agreed in the night of Wednesday to a degree for about 120 000 employees.
This provides that the fee from May increases by 4.3 percent. For the months of February to April, a one-time payment of EUR 100 was also agreed. On these points, the collective bargaining agreement is similar to the agreement, the union and employer recently closed to the entire metal and electrical industry,
As in the industry, VW will pay a monthly additional salary of 27.5 percent from August 2019 onward – that means an additional salary component. However, employees with children under the age of ten or with relatives in need of care may waive the payment and instead choose six days off.
Starting in July next year, 90 instead of 27 euros will be used for occupational pension plans, and then 98 euros from January 2020. The number of apprentices was set at 1400 for three years.
“We are pleased that we were able to achieve a far-reaching tariff result,” said IG Metall district manager Thorsten Gröger. VW negotiator and brand manager Martin Rosik said: “It’s a good result for our employees.” For the company, the degree was acceptable.
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.