SEOUL, Dec 24 (Reuters) - Unionised workers at South Korea's Hyundai Motor voted to accept a wage deal, the company and its labour union said on Thursday, which will make 2009 Hyundai's first strike-free year in 15 years. Under the wage plan, on which Hyundai and its union leaders agreed earlier this week, basic salaries will remain frozen while cash and company shares will be paid as incentives. The union said in a statement posted on its Web site that 62 percent of union members voting ...
Premium Content (PAID Subscription Required)
"S.Korea Hyundai Motor union accepts wage deal" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.