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Germany: IG Metall responds positive to 3% salary increase


The country’s largest trade union, IG Metall, recently approved a 3.4 percent wage hike for Germany’s southwest region, which is the home bases of automakers such as Daimler and Porsche. The union, which has a workforce representation of 3.7 million employees, previously proposed a 5.5 percent salary increase for the current year, claiming the growth registered lately justified the claim. On ...
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US: UAW president wants increased salaries nut plans to help auto companies remain competitive
United Auto Workers President Dennis Williams believes that if automakers decided not to hike base wages of their plant workers they would commit an "injustice" – building pressure for the ...
Japan: auto employees mull increased wages after profit jumps
Japan’s auto unions have now asked for a uniform pay increase for the monthly base wages of hourly workers after automakers, led by the world’s largest carmaker – Toyota – ...
Daimler gives its CEO a pay raise of 1.4%
Chief executive officer Dieter Zetsche has received a salary upgrade of 1.4 percent from Germany’s Daimler after in 2014 the executive steered Mercedes-Benz, the world’s third largest luxury automaker, to ...
Volkswagen proposes “offensive” 2.2 percent pay raise for German workers
The powerful German worker union IG Metall has not taken kindly the offer to raise wages by 2.2 percent for the workers in German factories, with Volkswagen AG harshly criticized ...
US: UAW workers still expect better wages when negotiations start
Hourly employees represented by the UAW union have found out how big will be their profit-sharing checks coming from the Detroit three automakers. FCA US, formerly Chrysler Group, will award payments ...
Japan: Toyota plans worker pay changes to dismiss age gap
Toyota Motor Corp., Japan’s largest carmaker and employer and also the world’s biggest automaker, has plans the update its worker pay structure – from a seniority-based scheme – to one ...
US: automakers should expect the UAW to demand pay raises in 2015
According to UAW President Dennis Williams, the well known United Auto Workers union will seek to gain a higher paycheck for the represented workers when the representatives start negotiations with ...
UK: Jaguar Land Rover avoids worker strike with new deal
British premium automaker Jaguar Land Rover, a wholly owned subsidiary of India’s Tata Motors, has announced it struck a bargain about salaries and pensions with union officials. JLR was facing the ...
Hyundai and workers reach initial salary deal
South Korea’s largest automaker has seen its shares slump to a new low this past weeks, as the company announced a huge $10 billion deal to buy a prized land ...

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