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Wednesday, June 14, 2006

VW of Germany looking to lengthen work week for same pay

VW of Germany looking to lengthen work week for same pay
Volkswagen is looking to lengthen their employee's work week, without any additional financial compensation, a cost-cutting move to designed to help stabilize the company's bottom line.

But before labor sympathizers get out their sandwich boards and picket signs, it must be noted that the automaker is asking for a return to a 35-hour work week- the current schedule is 28.8 hours over four days, a setup that has been in effect since 1994. The present arrangement actually came about during another bout with belt-tightening, when the measure was passed to keep 30,000 from being pink-slipped.

Predictably, German union IG Metall has rejected the plan, leaving the automaker's plans in limbo.