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Hyundai Motor Reaches Tentative Wage Deal with Union, Averting Further Strikes

Hyundai Motor and its labor union have reached a tentative wage agreement, successfully averting further strikes and paving the way for production recovery. This deal follows a rare full-day strike and extensive negotiations.

24 Aug, 18:07 — 25 Aug, 07:46
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Sources

Showing 8 of 10 sources
wsjHigh7h ago

Hyundai Motor, Union Reach Wage Deal to End Walkouts - WSJ

Hyundai Motor, Union Reach Wage Deal to End Walkouts  WSJ

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SCMPMostly Factual2h ago

South Korea’s Hyundai, union agree on tentative wage deal after rare full-day strike

South Korean carmaker Hyundai Motor and the union representing its workers have reached a tentative deal on wages and bonuses, both sides said on Tuesday after a rare full-day strike. Around 40,000 employees of a roughly 73,000-strong domestic workforce at the country’s largest carmaker walked off the job on Friday, according to union figures, in the first such action for a decade. The union said on Monday that it had returned to talks with the company and had postponed shorter strikes planne...

By Agence France-Presse

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Barron'sHigh8h ago

Hyundai Reaches Tentative Deal With Workers After Strikes - Barron's

Hyundai Reaches Tentative Deal With Workers After Strikes  Barron's

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straits-timesMostly Factual10h ago

Hyundai Motor’s union reaches tentative wage deal, averting more strikes - The Straits Times

Hyundai Motor’s union reaches tentative wage deal, averting more strikes  The Straits Times

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Korea HeraldMostly Factual4h ago

Hyundai Motor labor deal clears path to production recovery

Hyundai Motor and its labor union reached a tentative wage agreement Tuesday, more than three months after negotiations began, potentially ending a protracted labor dispute that disrupted production. The two sides struck the deal during their 17th round of negotiations at Hyundai Motor’s Ulsan plant. Representatives from management and the union engaged in talks that began Monday and continued overnight. The two sides agreed to raise monthly base pay by 100,000 won ($72.33) and provide a perform

By The Korea Herald

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yonhap-englishMostly Factual9h ago

SK hynix union rejects tentative wage deal

SEOUL, Aug. 25 (Yonhap) -- SK hynix Inc. workers have rejected a tentative wage ...

By Kim Han-joo

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seeking-alphaMixed4h ago

Hyundai Motor reaches tentative labor agreement with union, averting further strikes

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investing-com15h ago

Hyundai Motor’s union reaches tentative wage deal with management, Yonhap reports

By Reuters

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