Czech Republic : Skoda Auto has reached wage agreement with its unions

One day after a warning strike (see our article n°070349), Skoda Auto management and the carmaker's unions reached a wage agreement. Skoda Auto, originally a Czech car manufacturer, is a member of Volkswagen group and is one of the biggest employers in the Czech Republic. Under the agreement, the basic wage will rise by 10% taking effect immediately until December 2008. (Ref. 070363)
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After eight negotiation rounds, the workers demonstrated out of the factory for a few hours and cut the daily production by about one third. “At the end of difficult negotiations, we reached a fair compromise, acceptable for both the company and its employees. It is a victory of reason and economic reality, not a victory for one of two sides; we are all in the same boat”, said Skoda’s human resources manager Martin Jahn in media. The agreement covers the time period from April 2007 until Decemb

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