Real-terms increase in Fiat’s long-term deal 


Italian car maker Fiat has agreed a four-year deal providing increases of 2.0% a year for its 87,000 staff, along with higher bonuses linked to productivity. 


The deal is worth double the current rate of inflation (1.0% in February) and has been welcomed by the signatory unions. Rocco Palombella, general secretary of UILM, one of the unions which signed described it as a deal that “challenges the crisis, because it looks to the future”. 


However, FIOM, part of Italy’s largest union confederation CGIL, which has been excluded by Fiat, described the settlement as “a victory for the company” and criticised the fact that the deal would not be voted on by the workers. 


Fiat is unusual as it now signs separate company deals, having controversially left the main employers’ association, Confindustria, in 2011.