IG Metall agrees to a cut in real wages at Volkswagen
On the night of April 13, the IG Metall union and Volkswagen group negotiators reached an accord on a new collective wage agreement for the 120,000 employees at VW plants in Wolfsburg, Braunschweig, Hannover, Salzgitter, Emden and Kassel, as well as for Financial Services AG, Volkswagen Immobilien GmbH (property services) and Volkswagen Vertriebsbetreuungsgesellschaft mbH (wholesale and distribution). Excluded from the agreement are thousands of workers in Saxony (Zwickau, Chemnitz und Dresden) who are still paid and treated as second-class employees.
VW chief negotiator Arne Meiswinkel stated that the result was achieved “with a sense of proportion and reason” and that it was “fair in the particularly challenging environment since the beginning of the pandemic.”
Volkswagen clinches wage deal with Germany s IG Metall union
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Last Updated: Apr 13, 2021, 03:20 PM IST
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The deal with IG Metall, struck after 14 hours of negotiations in what was the fifth round of talks, will see salaries rise by 2.3% from January 2022. It also includes a 1,000 euro ($1,190) one-off corona support payment in June 2021, the carmaker said.
AP
Europe s largest carmaker Volkswagen has agreed a wage deal with Germany s most powerful union for 120,000 employees, representing 18% of its workforce, it said on Tuesday. The deal with IG Metall, struck after 14 hours of negotiations in what was the fifth round of talks, will see salaries rise by 2.3% from January 2022.
Read more about Volkswagen reaches 23-month wage deal with German workers union on Business Standard. The workers will get a 2.3 per cent wage increase from January 2022
Volkswagen reaches wage deal with German workers
by The Associated Press
Last Updated Apr 13, 2021 at 5:14 am EDT
FRANKFURT Volkswagen and Germany’s largest industrial union have agreed on a 23-month wage deal that provides a 1,000 euro bonus recognizing employee efforts during the coronavirus pandemic and a 2.3% wage increase from January 2022.
The deal covers 120,000 workers at six factories in Germany and people working for Volkswagen’s financial services arm, Volkswagen said in a statement Tuesday.
Company negotiator Arne Meiswinkel said the deal with the IG Metall union, which runs to the end of November 2022, “is appropriate for the especially challenging environment since the beginning of the pandemic.”
Volkswagen reaches wage deal with German workers
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FRANKFURT – Volkswagen and Germany’s largest industrial union have agreed on a 23-month wage deal that provides a 1,000 euro bonus recognizing employee efforts during the coronavirus pandemic and a 2.3% wage increase from January 2022.
The deal covers 120,000 workers at six factories in Germany and people working for Volkswagen’s financial services arm, Volkswagen said in a statement Tuesday.
Company negotiator Arne Meiswinkel said the deal with the IG Metall union, which runs to the end of November 2022, “is appropriate for the especially challenging environment since the beginning of the pandemic.”
The company said it expects to pay out the one-time bonus in June, the company