In 1990 Klaus Volkert was elected Chairman of the General and Group Works Council. He was initially elected Chairman of the Works Council for Volkswagen AG and was also a founding member as Chairman of the Volkswagen European Group Works Council, and became president in 1992. He was also a founding member of the Volkswagen Group Global Works Council, of which he was president in 1999. As council chairman, his main aim was to secure employment with new contracts, which attracted nationwide attention. In 1993 he introduced the "four-day week" where all parties agreed that VW employees would accept a reduction of approximately 15% of their wages, and thus 30,000 jobs were secured. In 2001, Volkswagen and IG Metall (the German engineering union) agreed on the so-called '5,000 by 5,000' wage scheme as a result of which production of the new VW Touran remained in Germany.