SEOUL– Union workers of Hyundai Motor Co. Ltd. in South Korea rejected a monthly salary increase on Dec. 19, saying the amount was not enough. Workers who voted on the proposed raise – 36,000 of 38,000 union members – turned down the proposal 53% to 47%, which also included a year-end bonus. The proposal would have included a raise in base pay of 88,000 won ($68.36) a month, an additional 8,750 won ($6.73) and a year-end bonus of 300% of monthly salary. The employees, who have been ...
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