Korea's Hyundai Motor agrees wage hike with union


SEOUL, June 27 (Reuters) - South Korea's largest automaker, Hyundai Motor Co and its union have agreed a wage rise after a majority of union members voted in favour of a revised pay plan from the company, the union said on Thursday. "More than 60 percent of the voters supported the revised plan offered by management," the union said on its website. The agreement included a rise of 95,000 won ($78.90) in basic monthly salaries and a performance bonus of two months' wages. Workers will ...

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