2023 Author: Eric Donovan | [email protected]. Last modified: 2023-05-21 15:44
The 350 employees of the Karmann roof division have agreed on a collective agreement with the new owner. While employees have lost around 14 percent of their income, there will be no redundancies until 2014.
The workforce of the Karmann roof division has approved a collective agreement with the new owner Valmet. The workforce has to accept cuts, but in return has received extensive co-determination regulations and job security from Valmet, IG Metall announced on Tuesday in Osnabrück. The 350 employees will forego vacation and Christmas bonuses until 2014 and accept a five percent discount on monthly income and restrictions on surcharges for Saturday work. For this, among other things, operational dismissals are excluded during the term.
The approval of the Federal Cartel Office is still missing
The loss of income for employees adds up to 14 percent, said Osnabrück IG Metall boss Hartmut Riemann. In return, Osnabrück will remain a development and production location in the future. The new owner has agreed that purchasing, sales, IT, human resources, finance and controlling as well as quality management will remain on site. Valmet has also promised to invest at least 1.25 million euros during the term of the collective agreement.
In return for the waiver of income, the employees had put through a six-member advisory board. "It's like a supervisory board, only better," said Riemann. In the event of a dispute, the chairman does not have double voting rights, but rather an arbitration board decides. Valmet also agreed to a training quota of five percent of the total workforce. The Finnish car manufacturer Valmet approved a purchase agreement for the Karmann roof division last week. However, the Federal Cartel Office still has to approve the deal. (dpa)