VW plans pay linked to company earnings -magazine

Newswire

FRANKFURT, Feb 26 (Reuters) - Volkswagen's VW Brand Group plans to link pay for its 100,000 workers to earnings performance, as it has done at its Audi brand, VW group personnel chief Horst Neumann told a German magazine. "A company that is making no money cannot afford to pay 20 percent over the sectoral wage agreement," Neumann was quoted as saying in an interview in Automobilwoche magazine, released in advance of publication on Monday. Audi, VW's premium brand, is the model for a pay ...

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