MILAN — Italian unions representing staff at Stellantis, Ferrari, Iveco and CNH Industrial will ask for a wage improve of not less than 6.5 % for 2023 to assist cowl hovering vitality and meals payments, two sources acquainted with the matter stated.
Europe’s cost-of-living disaster is placing upward strain on wage inflation as firms throughout the continent face calls for from staff to cushion the affect of rising costs.
Consumer costs rose 8.9 % 12 months on 12 months in Italy in September.
Unions will current on Monday their formal proposal for a brand new four-year contract for Italian staff, together with for wage will increase, to Stellantis, Ferrari, truckmaker Iveco and agricultural and building machine maker CNH Industrial.
The present contracts expire on the finish of the 12 months.
The sources declined to be recognized as a result of it’s confidential.
An improve “of at least 6.5 percent would allow workers to recover lost purchasing power” after they obtained a 2 % wage improve this 12 months beneath the prevailing deal, one of many sources stated.
The actual measurement of the request might change as it’s beneath dialogue with unions concerned within the talks beginning on Monday, the supply stated.
The second supply stated the request could possibly be bigger than 6.5 %.
Stellantis stated final week it might present a one-off bonus value as much as 1,400 euros ($1,394) to most of its staff in France to assist them address surging inflation.
It additionally introduced ahead wage negotiations in France, initially scheduled for the beginning of subsequent 12 months, to December.