At an employee meeting on Wednesday, Volkswagen Chattanooga announced a $.50 base wage increase for all Volkswagen production team members. New hires will begin at $16 with a top-out of $23.50. The pay increase goes into effect July 1.
“We are dedicated to building quality careers in Chattanooga and want to be on the forefront of compensation and benefits in our region,” said Antonio Pinto, Volkswagen Chattanooga president and CEO.
“This increase is a reinforcement of our team’s efforts and, we hope, helpful in recruiting new team members as we continue to grow here in Tennessee.”
Production wage progression will increase $.50 at every level. After six months of employment with Volkswagen Chattanooga, team members are eligible for $17 an hour. After two years, they are eligible to be paid $19.70 an hour.
Volkswagen Chattanooga team members will continue to receive benefits, including:
· Comprehensive healthcare including medical, dental and vision coverage
· New parent leave, both maternal and paternal
· 401k matching
· Employee and family vehicle lease program
· Tuition reimbursement
In January, an independent third-party audit resulted in certification of Volkswagen Chattanooga as a Top Employer for 2019. Volkswagen Chattanooga is one of 23 US employers to receive this acknowledgement from the Top Employers Institute, a global independent Human Resources certification company. To be certified as a Top Employer, 600 working condition practices and indicators are assessed and validated.