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    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia

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    René Obermann will not seek a new mandate as Director at the 2027 AGM and will step down from his position as Chair of the Board of Directors on 1 October 2026.

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  • Home
  • World
    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia to Champion Singapore and Southeast Asian Brand Expansion into Global Markets.

    René Obermann will not seek a new mandate as Director at the 2027 AGM and will step down from his position as Chair of the Board of Directors on 1 October 2026.

    NFP, an Aon Company, Acquires The Hamilton Group, LLC, Expanding P&C Capabilities in U.S. Northeast Region

    Amazon to Acquire Globalstar and Expand Amazon Leo Satellite Network

    First-ever WHO Forum unites 800+ Collaborating Centres for stronger scientific collaboration

    IEVP 2026: World watches India’s Festival of Democracy .

  • National
    • All
    • Economy & Politics
    • Election

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    Happiest Health Expands Dental Care Portfolio with Second Happiest Pearls Dental Clinic in Whitefield, Bangalore

    PMJ Jewels Celebrates Akshaya Tritiya with “Rajeev’s IQ vs. Suma’s GB” Campaign.

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    External Affairs Minister discusses West Asia situation with counterparts from Kuwait, Israel, Singapore and Australia.

    Election Commission of India .

  • Business
    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia to Champion Singapore and Southeast Asian Brand Expansion into Global Markets.

    GoCredit Deploys India’s First AI-Powered Loan Agent.

    René Obermann will not seek a new mandate as Director at the 2027 AGM and will step down from his position as Chair of the Board of Directors on 1 October 2026.

  • Health

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    Happiest Health Expands Dental Care Portfolio with Second Happiest Pearls Dental Clinic in Whitefield, Bangalore

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    Herbalife Logo

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    PHOTO CREDIT-| Syoat Kids

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

  • Technology
    • All
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    • Science

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    PHOTO CREDIT-SAMSUNGINDIA

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    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

  • Auto

    Womaniya: Building Inclusive Market Access for Women Entrepreneurs

    Tata Motors Delivers First Batch of electric Prima E.55S to BillionE Mobility; Advances Zero-Emission Freight Transport.

    PHOTO CREDIT-Tata Motors

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    Romario Shepherd reflects on journey from Guyana to RCB .

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    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

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    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    PMJ Jewels Celebrates Akshaya Tritiya with “Rajeev’s IQ vs. Suma’s GB” Campaign.

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    Raj Diamonds Launches Akshaya Tritiya Campaign Spotlighting “Ruby Splendour” and “Ancient Splendour”

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Volkswagen and IG Metall successfully complete pay negotiations

Volkswagen chief negotiator Arne Meiswinkel: agreement with a short term and practical solutions in the coronavirus crisis

FWM by FWM
April 10, 2020
in Business
0
FAW-Volkswagen Bora (China)This vehicle is not sold in Europe.

FAW-Volkswagen Bora (China)This vehicle is not sold in Europe.

04/09/20  Wolfsburg

Volkswagen  and IG Metall have brought their negotiations for Volkswagen AG employees covered by the company collective agreement to a successful conclusion. As a result of the coronavirus crisis, the negotiations took place under extremely difficult conditions. The parties agreed that the pay agreement, which had been terminated with effect from April 30, 2020, should remain in force until the end of December 2020 without increases in the pay scales. The collective agreement has a term of eight months. In addition, support for employees was agreed so that they could master their everyday lives more effectively in the coronavirus crisis.

Arne Meiswinkel, General Representative of Volkswagen AG and chief negotiator of the company, says: “The coronavirus crisis has posed special challenges for the parties to the collective agreement. The objective in the negotiations was to limit the consequences for the company and its employees and to prepare ourselves as effectively as possible for the return to normal business. The only appropriate answer was an agreement commensurate with the present circumstances: with a short term and with the objective of continuing progress with our important projects in difficult times as well as offering our employees pragmatic and practical solutions so that they can master this situation as effectively as possible. We have succeeded in these objectives.”

Agreement was also reached on extensions of the option to convert additional remuneration under the collective agreement into six days of paid leave, which has been available since 2019. In future, the option will apply to employees taking care of a child who is under 12 years of age. Previously, the upper limit was 10 years of age. In 2020, 9,400 parents have already opted for the additional leave to date. The conversion option for parents and persons caring for relatives will also be extended. Conversion will now be possible in up to five years instead of two years.

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In addition, there is to be a further simplification of mobile working. In the case of employees who can determine the beginning and the end of their working day themselves, it will be possible to reduce the rest period from 11 to 9 hours in future. For example, this will provide parents engaging in mobile work with the possibility of interrupting their work in the evening to look after the children and to continue to write emails afterwards. The reduced rest period will be offset later.

For the new limited-term statutory right to compensation for loss of earnings caused by the closure of schools and kindergartens in the coronavirus crisis, Volkswagen will be granting a subsidy dependent on earnings to the extent that this is not offset against the compensation.

Agreement was also reached on a clause allowing a new sabbatical model (“Meine Auszeit“). This model will provide for a sabbatical of up to six months for all employees in line with their requirements in the near future. The employer will finance this sabbatical in advance and employees will only have to compensate for their absence by credits to their individual working time accounts in the future.

Furthermore, the parties agreed to enter into negotiations with a view to reshaping the performance-related remuneration component for employees covered by the collective agreement by September 30, 2020.

Term of agreement: eight months, from May 1, 2020 to December 31, 2020.

Scope: The collective agreement of Volkswagen AG applies to almost 120,000 employees at the Wolfsburg, Brunswick, Hanover, Salzgitter, Emden and Kassel plants as well as Volkswagen Financial Services AG.

FWM

FWM

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