Germany: Volkswagen workers get a 5.6% wage increase and improved company pension

13 days after a pilot collective agreement was signed in the Bavarian metal industry, the IG-Metall union and Volkswagen’s management signed, on the night of May 27 in Hanover, a new “company agreement” for the company’s approximately 102,000 employees in Germany.  This agreement contains all of the provisions included in the sectoral agreement, plus a few improvements.  Thus, like metalworkers, the carmaker’s employees will also get a wage increase divided in two: 3.4% in September 2013 and 2.2% in July 2014.  But they also get a single €300 bonus, which will be added to their supplementary corporate pension.  (Ref.  130352)
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A more advantageous agreement than in the metal industry. Before the second bargaining round on May 27, Harmut Meine, leader of the IG-Metall in Low-Saxony and lead negotiator for the union, clearly announced that VW employees wouldn’t content themselves with the same agreement as the one signed on May 15 in the metal industry, granting the sector’s 3.7 million workers a 5.6% wage increase over 20 months (see article No. 130320). As the biggest carmaker in Europe with record net profits of a

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