First spherical of Volkswagen pay talks finish with out deal

FRANKFURT (Reuters) – German commerce union IG Metall on Monday stated a primary spherical of wage talks at Volkswagen (VOWG_p.DE) failed to provide a outcome, including it was upset the carmaker didn’t current a counter-offer to its demand for a 6-percent wage hike.

FILE PHOTO: A Volkswagen emblem is pictured on the Worldwide Auto Present in Mexico Metropolis, Mexico November 23, 2017. REUTERS/Henry Romero

“The truth that Volkswagen is doing so nicely regardless of the diesel difficulty is, to an amazing extent, as a result of excellent efforts of its workers,” stated IG Metall regional head and lead negotiator Thorsten Groeger.

The calls for by IG Metall mirror rising self-confidence amongst commerce unions as Europe’s largest economic system is ready to develop by roughly 2 p.c this yr and unionists say workers ought to get a justifiable share of the success.

The 6 p.c pay demand compares with a nationwide declare for five p.c within the final spherical in early 2016, which resulted in a 2.eight p.c improve on Sept. 1, 2016 and an additional p.c on Aug. 1, 2017 for employees at Volkswagen.

IG Metall, Germany’s strongest union, can be calling for an enchancment within the group’s pension scheme and the elevated hiring of trainees to deal with challenges to the auto business together with digitalization.

“We are going to solely be capable of make investments sooner or later if we now have prices underneath management,” Martin Rosik, head of human assets of the Volkswagen Passenger Automobile model, stated in a separate assertion, calling for a “cheap pay settlement”.

Volkswagen final month raised its mid-term outlook for group revenue and gross sales.

“Administration ought to think twice whether or not to proceed this path of escalation or speak to the labor aspect in an affordable method. We’re prepared,” stated Bernd Osterloh, head of Volkswagen’s works council. Wage talks will proceed on Jan. 11, 2018.

Reporting by Christoph Steitz; Enhancing by Victoria Bryan

Our Requirements:The Thomson Reuters Trust Principles.

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