World Markets Research Centre reports that Skoda Auto has announced that it has finally reached an agreement with unions over the disputed monthly wage hike.
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After several rounds of collective agreement and in intervention of a mediator, the company accepted to raise monthly wages by Kc1,308 ($US45) across the board from April and will pay some Kc3,150 to each worker for the January-March period that is not covered by the collective agreement.
The salary hike corresponds to a 6.2% increase in Skoda’s average gross monthly wage of Kc21,160.
