New collective agreement for Volkswagen AG, Germany

Agreement includes 4.2 per cent wage increase and a 710 Euro single payment.

GERMANY: In the fourth round of collective negotations a new collective agreement for the 95,000 Volkswagen employees in the plants of the Volkswagen AG (Wolfsburg / Hanover / Emden / Brunswick / Salzgitter and Kassel) was reached and signed.

According to this agreement the employees receive a 4.2 per cent wage increase from January 2010. In addition a single payment of 710 Euros was agreed. 510 Euro will be paid out in October 2009 and the rest of 200 Euros in February 2010.

Starting in 2011 a productivity bonus of around 100 Euros will be introduced.

The program for part-time work for people approaching retirement will be continued. Also the apprenticeship program and the takeover of the apprentices are agreed.

The duration of the agreement is 18 months.Oct 06, 2009 – Anita Gardner

 

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