Striking South Korean workers are expected to vote next week on a wage increase plan offered by Kia Motors Corp. The plan, which offers workers an 85,000 won ($73.15) raise in monthly salary and a performance bonus equaling 150% of salary plus 800,000 won ($688.45), is less than what workers originally were asking for and represents a lower salary hike than Kia offered in a plan workers rejected earlier this week (see related story: Kia Workers Reject Wage Increase). A union official ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.