Kia Motors Union Postpones Strike... Main Negotiations to Proceed on the 24th

[Image source=Yonhap News]

[Asia Economy Reporter Seong Gi-ho] The Kia Motors labor union has decided to enter into main negotiations with management on wages and collective agreements on the 24th. Accordingly, the partial strike scheduled for that day has been temporarily postponed.

According to related industries, Kia Motors labor and management have decided to hold the 14th main negotiation session on that day. With the main negotiation underway, the union will for now proceed with normal work without the partial strike that was planned for that day.

Previously, after the 13th main negotiation session held on the 18th ended in failure, the union had planned to carry out a partial strike for 4 hours each during day and night shifts daily starting from the 24th.

Although the worst-case scenario has been avoided for now, depending on the results of the resumed main negotiations on that day, a strike may still proceed.

The Kia Motors union is demanding a KRW 120,000 increase in base pay, a 30% distribution of operating profit as performance bonuses, extension of the retirement age to 65, expansion of ordinary wages, restoration of overtime work, and the introduction of a labor director system in this year's wage and collective agreement negotiations.

In particular, as the transition to the electric vehicle era raises concerns about workforce reductions, the union is advocating for job expansion such as in-house retention of electric and hydrogen vehicle module parts factories.

This content was produced with the assistance of AI translation services.