The German metalworkers union, IG Metall, has given the green light to talks on a new wage contract at Volkswagen, according to dpa-AFX news.
Go deeper with GlobalData
Talks will commence on 18th September.
Volkswagen is seeking to return to a 35 hour week, from the current 28.8 hour week, with not additional pay. Unions are seeking job guarantees in return, as well as a performance-based element to future pay.
Talks are expected to be tough. Unions definitely want something in return for the 6.2 extra hours its members would be expected to work. On the other hand Volkswagen is unwilling to invest in any of its six German plants unless labour costs can be reduced.
In particular unions want guarantees that the next generation Golf due in 2008 will be built at Wolfsburg, and the plant needs another model in addition to this to utilize capacity and reach any level of competitiveness. There are also calls for a ‘workforce-oriented’ solution to the lack of competitiveness at a foundry at Hannover.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataLink to: https://www.just-auto.com/article.aspx?id=88969
