Audi agrees to raise wages, union says

Recycling

pixabay

The management of Audi Hungaria, the German car manufacturer’s Hungarian subsidiary, have managed to reach an agreement with the Audi Hungaria Independent Trade Union (AHFSZ) on wage increases for the year, according to reports.

Under the agreement, which the sides are scheduled to sign some time today, the base salary at Audi Hungaria’s local plant in Győr will be raised by HUF 30,000 retroactively from the start of this year, while an additional 3% of variable pay will be built into the base salary. As of next year, the base salary will be further increased by HUF 30,000, topped up with another 3% of variable pay.

Annual HUF 600,000 non-wage compensation from this year will grow to HUF 620,000 next year.

About 1,500 of the 11,500 workers at Audi Hungaria’s plant in Győr held a two-hour strike following failed wage negotiations on January 26. Péter Lőre, director of communications at Audi Hungaria, said that the strike resulted in a drop in production but will not affect deliveries to customers. The plant puts out 8,000 engines on a daily basis.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See... EU

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.