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01/30/18
Wolfsburg/Hanover
Company

2018 pay negotiations at Volkswagen continued

  • Company makes new offer
  • Pay increase in two stages of 3.5 and 2.0 percent
  • Significant improvement in company pension scheme

The negotiating committees of Volkswagen AG and the IG Metall trade union have today continued their pay negotiations in Hanover. "At today's meeting, we submitted our proposals for a pay agreement to IG Metall. Our offer includes a pay increase in two stages starting with 3.5 percent from May 2018 and followed by a second stage of 2.0 percent, with a total term of 30 months. In addition, we proposed to IG Metall to significantly increase the company pension scheme," said Martin Rosik, leader of the Volkswagen committee and Head of Human Resources of the Volkswagen brand, after the meeting.

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