Hyundai Motor's labor and management held a 2022 wage negotiation meeting at the Ulsan plant on June 10. The union of South Korea's Hyundai Motor Company will take the form of a strike to fight for their rights this year due to wage agreement issues.

2024/05/0623:08:33 international 1241

Hyundai Motor's labor and management held a 2022 wage negotiation meeting at the Ulsan plant on June 10.

South Korea's Hyundai Motor Company union will take the form of a strike to fight for their rights this year due to the issue of the wage agreement .
To ensure the right to strike, 46,000 union members and dealers of the Hyundai Motor branch of the Korea Metal Workers' Union started at 6:45 a.m. on July 1 at the Ulsan Factory, Jeonju Factory, Asan Factory, and Namyang Research Center. Vote for and against whether to strike. The results of the
vote are expected to be announced later tonight, but there has never been a case where a union strike against Hyundai Motor has been rejected in previous strike votes.

Previously, on the 22nd of last month, the Hyundai Motor Union announced that the 12th round of collective bargaining with management had broken down. On the 23rd of the same month, the labor union applied to the Central Labor Relations Commission of South Korea to mediate the dispute. After mediation between labor and management, if the mediation fails, the Central Labor Management Committee will make a decision to suspend the mediation or give administrative guidance .

If more than half of the union members agree to strike, and the Central Labor and Labor Commission decides to suspend mediation on the 4th, the union will have the right to legally strike. The union will hold a meeting on the 6th to discuss the strike timetable. If the strike is successful, it will be the first in four years.

Since 2019, the Hyundai Motor Union has been affected by the Japan-South Korea trade dispute and the new crown epidemic. In this year's negotiations, the union requested an increase in the basic salary of 165,200 won (approximately 850 yuan) and improve the wage system , recruiting new employees and extending the retirement age, reinstating laid-off workers, and revoking temporary deposits, among other requirements.

At present, the main negotiations between labor and management have been suspended, but working-level negotiations are still ongoing.

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