Hungary - Hankook Tyre averts strike with pay rise - March 29, 2011

The formation of a strike committee by the Federation of Chemical, Energy, and General Workers’ Unions (VDSZ) at Hankook Tyre Magyarország Kft. prompted the Korean-based company to increase wage rates by an average 8%. The threat was because management had failed to raise salaries to compensate for tax changes that went into effect 1 January 2011. Some 1,700 workers at the 1,800 workforce will receive an average 8% pay hike retroactive to 1 January 2011. In addition, workers will receive HUF 20,000 (€73.40) yearly in non-wage benefits. Earlier, the National Interest Conciliation Council had recommended 4-6% increases to offset the tax change.

English: Máté Komiljovics, union correspondent;

http://www.pcs.org.uk/en/news_and_events/news_centre/index.cfm/id/27 ...

 

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Maarten van Klaveren, Amsterdam Institute for Advanced Labour Studies (AIAS) M.vanKlaveren@uva.nl. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net. © ETUI aisbl, Brussels 2011.


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