Volkswagen Slovakia, unions agree on 4.8% wage hike.

By bne IntelliNews October 12, 2012
Auto maker Volkswagen Slovakia has agreed with its workers and unions on a 4.8% increase of their monthly salaries, reported. The agreement put an end to a one-week strike alert at the companys car assembly plant in the capital Bratislava. Unions had sought a 6.8% wage hike, while the companys initial proposal was for a 3.2% increase. Employees will also get two one-off payments EUR 200 in October 2012 and EUR 100 in January 2014.
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