GM Daewoo Auto & Technology Co. and its labor union reach a tentative agreement that is expected to be ratified Aug. 26, a company spokesman tells Ward’s. “Our offer includes a 82,000 won ($76) increase in base monthly salary, two months’ pay as a performance bonus, and a 2.2 million won ($2,040) incentive bonus to encourage employees to work better and meet our goals,” he says. The agreement also includes some improvements in working conditions, the spokesman notes, although he ...
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