VW employees at a plant in Emden, Lower Saxony. Photo: DPAWorkers at the world's largest carmaker Volkswagen said on Wednesday they had secured a big pay bump, in line with the rest of Germany's powerful metalworking sector. VW's 120,000 employees in Germany will see a 4.3-percent pay boost from May this year and tripled contributions to their company pension fund. During the wider pay talks between IG Metall and other employers' groups earlier this year, thousands of workers downed tools in 24-hour "warning strikes" across Germany. The employee representatives -- negotiating on behalf of some 3.9 million metalworkers nationwide -- eventually secured most of their demands including higher pay and the temporary shorter week.

Source: The Local February 21, 2018 10:41 UTC