VW, unions reach pay deal

increase over the next 20 months.
Employees at sites in Wolfsburg, Brunswick, Hanover, Salzgitter, Emden and Kassel will receive a 3,4 percent pay increase from September 1, followed by a further 2,2 percent from July 1, 2014, the carmaker and union said in separate statements.

IG Metall had demanded a 5,5 percent pay increase for a 12-month period. The deal is based on a much wider industry-wide agreement reached earlier this month giving 3,7 million employees in Germany’s metalworking sector a 3,4 percent pay hike on July 1 followed by a 2,2 percent rise in May 2014.
VW has negotiated its own separate wage agreement with unions for a number of years now for its sites in western Germany. — AFP.

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