During Musk’s visit Friday, Tesla executives informed workers that the company would raise wages by 4% effective in November for the around 11,000 employees at the German plant, people familiar with the matter said. Tesla will also pay a 1,500 euro bonus in December to offset inflation. Starting in February, Tesla will raise annual wages by an additional 2,500 euros for workers in production.
The wage increases follow heightened tension between Tesla and IG Metall, Germany’s largest labor union, and a separate confrontation with Tesla service center workers in Sweden.
4% is pretty meager considering the current inflation.
And one-time payments to offset a permanently-staying inflation is just ridiculous.
That is sadly really common in Germany.
At least some of the Unions are just too soft here.
IG Metall is actually doing a good job. Basicly the pay is about the best in the world for companies they are actually organized in. If it would be Verdi it would be differnent, but IG Metall gets stuff done.
Lets hope they get the four day workweek for steelworkers as well.
Most of the unions are too soft here. Might be related to reaching a compromise being a national sport in Germany, so they will compromise on virtually anything just for the sake of reaching a compromise. Also, the legal framework doesn’t give unions very much power to begin with.
Your unions have more power than those in the UK.
Keep it that way, else your workers will be as fucked as ours are.
I am aware of the situation being even worse in other countries, unfortunately, I have the impression that many of our unions are working hard on becoming as irrelevant as the unions in those unfortunate countries.
Same here in Austria last year they got us 7.7% increase in IT, with 10.6% inflation. And this year the employers offered 2.3% with 7.8% inflation forecasted for 2023.
Not to mention that inflation hits us now and pay raises only happen next year. Meanwhile the companies do their price hikes straight away.
It is because the union is organizing. They did not even start negotiations. They would be same pay as the other German auto makers and that is among the best pay for that job in the world. It might not be quite up there since the Americans have raised wages, but it is about as high right now.
Greetings to our Swedish friends, if Tesla already bends before German Unions, Swedish Unions might break Tesla’s neck.
Keep. Twisting.
in a realistic market you could short the fuck out of tesla and make life changing money, though who knows how long people will eat up that musk is some genius and that teala isn’t overvalued as fuck.
Huh, that’s not a raise, that’s basically the current YoY inflation.
Yeah, basic COL adjustment should be the bare minimum.
See labour action works. Swedish IF Metall effectively raised the wages for German workers.
Just the threat of striking and organization makes the company shit out money they’ve been hoarding up their ass out of fear.
Twas more the work of German IG Metall, but the Swedes sure helped