World Business Watch: VW Union agrees to pay 8.5% hike less than inflation
Edited By WION Video Desk
Published: Nov 24, 2022, 20:31 IST | Updated: Nov 24, 2022, 20:31 IST
Germany's metal working union, IG Metal, has struck a waged deal with Volkswagen group for German factory workers which is increasing and it has raised the wages of about 125,000 workers but by 8.5%. The deal is a two-year plan wherein the workers will see 5.2% wage hike from June 23.
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