Hyundai Motor’s labor union demands 30% of net profit as bonuses

Hyundai Motor Group’s labor union is seeking a performance bonus equivalent to 30 percent of last year’s net profit, which would amount to more than 3 trillion won ($2 billion) after Korea’s leading auto conglomerate posted 10.36 trillion won in net profit in 2025. Alongside the $3 trillion won demand, the labor union’s proposal, which was finalized last week, also includes a monthly base salary increase of 149,600 won, an increase in bonuses from 750 percent to 800 percent of base pay, job secu

By The Korea Herald