PRAGUE (Dow Jones) – The Czech subsidiary Skoda, VW will pay its Workers, 2.7% higher salaries and / or unique 10,000 CZK equivalent of just under EUR 400. This agreement was the tariff dispute with the Unions stopped and prevented a possible strike, said the Skoda Auto AS on Thursday. Part of the new collective agreement is also a 50 CZK per month to a higher contribution to the pension fund.
On average, the Skoda workers earn is currently at 30,000 CZK per month. The new agreement has a term to end March 2011.
Website: www.skoda-auto.com -By Leos Rousek, Dow Jones Newswires, +49 (0) 69 297 25 103, unternehmen.de @ dowjones.com DJG / DJN / jhe / bam Visit our website http://www.dowjones.de
(END) Dow Jones Newswires
April 08, 2010 09:48 ET (13:48 GMT)
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