View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 7, 2003

CZECH REPUBLIC: Skoda Auto agrees to wage hike

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.

By bcusack

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.

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.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto