Volkswagen proposes wage hike and bonus in ongoing negotiations with UAW By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
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Source: Investing.com
Volkswagen's Wage Offer: Volkswagen has proposed a 16.5% wage increase, a ratification bonus, improved cost-of-living allowances, and reduced healthcare costs to the United Auto Workers (UAW) in negotiations for a first union contract at its Chattanooga plant.
UAW Demands: The UAW is advocating for better wages, affordable healthcare, retirement security, stronger safety standards, fair scheduling, paid leave, and a voice in workplace decisions, aiming to improve working conditions since the plant's opening in 2011.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
