VW’s Hourly Workers in Germany Ask for 6% Pay Hike
IG Metall, Germany’s largest labor union, is demanding a 6% increase in base pay for its 120,000 Volkswagen workers in the country.
#labor
IG Metall, Germany’s largest labor union, is demanding a 6% increase in base pay for its 120,000 Volkswagen workers in the country.
The union is seeking the same percentage boost for 3.9 million engineering and metalworking employees it represents across Germany. The current contract, which has raised pay by 4.8% over 20 months, will expire at the end of January.
IG Metall justifies its demands by pointing to 3% growth in VW brand sales worldwide so far this year. But Reuters says the company is expected to insist on a more modest increase because sales in Germany are down 7%.
RELATED CONTENT
-
Skilled-Trade Workers Reject GM Contract, Ratification in Limbo
The United Auto Workers union says its production workers ratified a new four-year labor contract with General Motors Co. by a 58% margin.
-
GM Offers Buyouts to 18,000 Salaried Workers
General Motors Co. is launching a new round of buyouts for about 18,000 of its 50,000 white-collar employees in North America.
-
Young Auto Engineers Say Their Employers Don’t Measure Up
Only one-third of U.S. automotive engineers below the age of 36 agree that their work experience matches the way their employers’ portray themselves publicly, according to new research.