GM Korea’s tentative labor agreement, reached Tuesday and still subject to worker ratification, calls for a basic salary increase of 78,828 won ($75) per month, a 4 million won ($3,800) performance bonus and a 1-time special bonus of 2.5 million won ($2,400), a company spokesman tells Ward’s. “The company also will pay workers a 0.5 million won ($469) lump sum at the end of the year, when quality targets have been met,” he says. “The bonuses proposed by management total 7 million won ...
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