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Volkswagen and IG Metall Agree on Wage Raise, Bonus
Volkswagen and IG Metall agreed to a new contract late Monday night. Workers will receive a 3.2% increase in base pay effective May 1, 2011. Employees will also receive a one-time payment corresponding to 1% of his or her annual pay, but no less than €500, VW said in a statement. Continue reading →
Posted in auto news, news analysis
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Tagged auto bonus, auto informed, auto news, autoinformed, autoinformed.com, automotive news, german auto, german metal workers, ig metal, Ken Zino, union negotiations, vw, vw contract, zino
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