Connect with us

Hi, what are you looking for?

Economy

Index – Economy – There is still no wage agreement at Audi

Index – Economy – There is still no wage agreement at Audi

At the Audi plant in Gyor, after the round of wage negotiations last Monday, the employer made the new wage offer, which was accepted by the employee delegation. On Monday 4 March, the independent Hungarian Audi Workers' Union (AHFSZ) held a confidence meeting and a round of wage negotiations. In their announcement, they emphasized that

The confidence meeting of the independent trade union Audi Hungária unanimously rejected the employer's second offer and determined the new wage demand from AHFSZ.

As written, the new wage demand was delivered to employer representatives during the afternoon wage negotiation round.

The union added that although it does not believe a second wage offer is the solution, it sees an “intent for rapprochement.” In addition, it has been reported

Their new demand differs from the original one in providing the possibility of reaching an agreement.

“We are committed to developing the basic pay of our employees, i.e. the guaranteed salary element. Through our application, our members receive a guaranteed increase in basic pay above inflation, which, in terms of its impact, can move other pay elements in a positive direction, such as shift allowance, monthly allowance thirteenth, bonus, variable pay, and thus also the “value of gross profits,” the union wrote.

They added that the optional additional pay allowance, a one-off payment (“Urlaubsgeld”), is still considered important in addition to the jubilee bonus.

Details of AHFSZ's new wage requirements

Two-year contract (from April 1, 2024 to March 31, 2026):

  • Effective April 1, 2024: 10.5 percent increase in basic salary.
  • Effective April 1, 2025: 8% increase in basic salary.
  • The range limit for HAY levels must be corrected by the amount of the wage increase.
See also  The 978-horsepower Mitsubishi Colt puts almost any super sports car to shame

Inflation rate based on MNB forecasts:

  • 4.7 percent by 2024,
  • 3% by 2025 (needs review at the beginning of 2025).

The basic condition of the two-year wage agreement is to provide an inflation guarantee

  • If actual inflation in 2024 is higher than expected inflation, the employer will retroactively increase base pay by the amount of the difference as of April 1, 2024.
  • If the average value of the current MNB inflation forecast for 2025 on March 31, 2025 deviates by more than 1 percent in a positive direction from the value specified in the previous point, the employer will increase the amount of basic salary increase due from April 1, 2025 in the agreement by Deviation and inflation expectations.
  • If actual inflation in 2025 is higher than expected inflation, the employer will retroactively increase base salary by the amount of the difference as of April 1, 2025.
  • Inflation correction should be done in the month following the actual KSH inflation report.

The AHFSZ formulates additional demands in addition to measures affecting the basic salary

Optional extra-wage allowance

  • 550,000 Hungarian forints for the year 2025,
  • 550,000 Hungarian forints for 2026.

Fixation of the loyalty bonus while maintaining the current conditions, supplemented by the 31st year, as part of the collective agreement

  • The amount of the loyalty bonus for the 31st year is 45,000 HUF,
  • The amount of the loyalty bonus for the 32nd year is 46,500 HUF.

The jubilee bonus will be determined as part of the collective agreement, maintaining the current conditions.

See also  Index - Economics - You may lose a lot of money if you do not submit your certificate to the NAV

“Urlaubsgeld” as a one-time payment

  • 500,000 Hungarian forints in 2024, paid in June with May salary,
  • 500,000 Hungarian forints in 2025, paid in June with May salary.

Rounding rule

  • Rounds up to 1000 HUF.

The two parties agreed that the next round of wage negotiations will be held on March 11, 2024.