(Reuters) – German high industrial union IG Metall will demand a 7% pay rise over a 12-month interval from Volkswagen (ETR:) at wage negotiations in October, the union mentioned in an announcement on Friday.
The talks concern a collective settlement for round 120,000 workers throughout six firm websites in Decrease Saxony and Saxony Anhalt states together with Wolfsburg, the place Volkswagen is headquartered, IG Metall added.
IG Metall earlier this week suggested its members to additionally demand a 7% increase in a wider spherical of collective bargaining for the mechanical engineering sector that doesn’t embrace VW, nicely above the present inflation price.