Korea's Hyundai Motor agrees wage hike with union

Newswire

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 ...

Premium Content (PAID Subscription Required)

"Korea's Hyundai Motor agrees wage hike with union" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×