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VW agrees pay deal with trade unions

Bratislava-based carmaker Volkswagen Slovakia has agreed to pay bonuses to its employees based on economic results achieved in 2012. Every employee will receive a bonus of €1,350, according to the deal struck between the company’s management and trade unions. Moreover, VW staff will get a fixed pre-payment averaging €200 for 2013 results in October, the TASR newswire reported on May 21.

Bratislava-based carmaker Volkswagen Slovakia has agreed to pay bonuses to its employees based on economic results achieved in 2012. Every employee will receive a bonus of €1,350, according to the deal struck between the company’s management and trade unions. Moreover, VW staff will get a fixed pre-payment averaging €200 for 2013 results in October, the TASR newswire reported on May 21.

“Our employees last year, with their commitment and flexibility, contributed towards VW Slovakia’s excellent results,” said Wilfried von Rath, VW SK’s board for personnel issues, as quoted by TASR. “They deserve an appropriate reward for this.”

Rath added that the company went to the limits of what it was able to do in paying out the bonuses.

Originally, the trade unions demanded a €370-hike in the year-end bonuses in addition to payments of €1,300 received for results in 2012. They pointed out that their colleagues in Germany received year-end bonuses of €7,200 last year, while those in Hungary got €3,000, TASR wrote.

Source: TASR

Compiled by Radka Minarechová from press reports
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