Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
OpenAI in talks with Samsung to power AI features, report says
-
4
Two jailed for forcing disabled teens into prostitution
-
5
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
S. Korea not to attend Sado mine memorial: foreign ministry
-
8
South Korean military plans to launch new division for future warfare
-
9
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
10
North Korean leader ‘convinced’ dialogue won’t change US hostility
Hyundai workers accept company's wage offers amid pandemic
By YonhapPublished : July 28, 2021 - 09:21
Unionized workers at Hyundai Motor Co. voted to accept the company's wage offerings for the year amid the extended COVID-19 pandemic, the union said Wednesday.
In a vote held Tuesday, 56 percent of 42,745 workers who cast a ballot approved this year's wage agreement between the labor union and management, the company said in a statement.
Hyundai and its 48,534-member union reached the wage deal without a strike for the third consecutive year. They will sign the wage deal Thursday, it said.
The deal includes a 75,000 won ($65) increase in basic monthly pay, a bonus of 200 percent of a worker's monthly salary plus 3.5 million won, 2.3 million won in performance-based benefits and five Hyundai shares per person.
But the company rejected the union's demand to extend the retirement age to 64 and reinstate fired workers.
Last year, the company and its union agreed on a wage freeze for the first time in 11 years due to the pandemic after the 1998 Asian financial crisis and the 2009 global financial crisis. (Yonhap)
In a vote held Tuesday, 56 percent of 42,745 workers who cast a ballot approved this year's wage agreement between the labor union and management, the company said in a statement.
Hyundai and its 48,534-member union reached the wage deal without a strike for the third consecutive year. They will sign the wage deal Thursday, it said.
The deal includes a 75,000 won ($65) increase in basic monthly pay, a bonus of 200 percent of a worker's monthly salary plus 3.5 million won, 2.3 million won in performance-based benefits and five Hyundai shares per person.
But the company rejected the union's demand to extend the retirement age to 64 and reinstate fired workers.
Last year, the company and its union agreed on a wage freeze for the first time in 11 years due to the pandemic after the 1998 Asian financial crisis and the 2009 global financial crisis. (Yonhap)
