Mexican Media Brands
FCA Agrees to 9.5% Wage Hike in Serbia
Fiat Chrysler Automobiles NV will increase hourly wages by 9.5% to end a lengthy strike at its Fiat 500L small-car plant in Kragujevac, Serbia.
#labor
Share
Fiat Chrysler Automobiles NV will increase hourly wages by 9.5% to end a lengthy strike at its Fiat 500L small-car plant in Kragujevac, Serbia.
Reuters says local media reports indicate the new contract will boost monthly wages to 42,000 dinars ($406) through 2018 from 38,500 dinars ($372) last year.
Last summer the company eliminated one of three production shifts at the factory,
which had employed 3,100 workers. The €1 billion facility is two-thirds owned by FCA and one-third by the Serbian government. The plant produced about 100,000 cars in 2015, almost all of which were exported to Europe and the U.S.
RELATED CONTENT
-
What Suppliers Need to Know Right Now
This is a time of reckoning for the auto industry, says Paul Eichenberg. He has some recommendations as to how companies can make their way through it.
-
VW, the Future & the End of “Conventional” Jobs
"In order to become a global provider of sustainable mobility, we are pressing ahead with future projects such as electromobility, digital connectivity and new mobility services, equipped with the necessary resolve and financing.”
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.