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MILAN (Reuters) – Italian shop stewards approved on Wednesday a proposal put forward through their leaders to secure an 8. 4% wage increase for next year at Stellantis, Ferrari, Iveco and CNH Industrial, paving the way for formal talks with industry groups.
The leaders of the unions FIM-CISL, UILM, Fismic, UGLM and AQCF last week presented a proposal to negotiate new contracts of 4 years maximum in the 4 groups, adding wage increases to compensate for emerging inflation. Existing contracts expire final. de this year.
The unions FIM-CISL, UILM, Fismic, UGLM and AQCF said on Wednesday that after approval through the 537 delegates, with 98. 8% of the votes in favor, they had submitted a formal request with the 4 companies.
They had hoped talks with automakers Stellantis and Ferrari, truck maker Iveco and agricultural machinery and structure maker CNH Industrial could take a stand as soon as this month, they added.
Consumer spending rose by 8. 9% year-on-year in Italy in September and higher wages are not easy to answer.
The negotiations involve about 70,000 employees in Italy, two-thirds of them at the former Fiat-Chrysler, which last year merged with France’s PSA to create Stellantis, whose brands also come with Peugeot and Jeep.
Union representatives are also calling for wage increases of 4. 5% for 2024 and 2. 5% for 2025, while they have said there is still no reliable estimate of inflation for 2026.
The left-wing industrial union IMF is part of those talks and has presented its own separate demands.
(Reporting by Giulio Piovaccari; editing by Agnieszka Flak and Keith Weir)