Ford’s Russian subsidiary has agreed to raise workers’ wages by 11.8% and granted other benefits, the company’s press office said Thursday.

The wage hike is stipulated in amendments to the collective agreement between the management and workers.

The additional agreement also includes more vacation time for long-term employees, higher one-time maternity allowance, and additional employment guarantees.

The labour union of Ford’s St Petersburg plant held warning strikes on March 25, after failing to agree on amendments to the collective agreement.

The labour union originally demanded a 25% wage hike, Prime-Tass reports.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.