The approximately 125,000 employees at Volkswagen will get a structural wage increase of 8.5% in two steps: first 5.2% on 1 June 2023, and then 3.3% on 1 May 2024, plus a one-off € 3,000 inflation compensation premium, also in two steps. This was agreed after 12 hours of negotiations between the trade union IG Metall and Volkswagen management. The conversion option "days off instead of more money" for the additional remuneration will be fully open to all employees.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.