POPA Recon[Seoul Economy] Hyundai Motor Choi Young-il "Big implications for large corporate strike society"…It also reveals its willingness to…
[Seoul Economy] Hyundai Motor Choi Young-il "Big implications for large corporate strike society"…It also reveals its willingness to negotiate parallel lines of the wage and collective bargaining agreement • Hyundai Motor Company and its labor union disagree on the criteria for raising basic salaries and paying incentives. • The union is demanding an increase of 149,600 won in monthly basic salary and 30% of last year's net profit. • The company expects operating profit to decline by 19.5% this year, refuting that industry conditions should be considered. • Labor and management feel the nee…
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