Hansei University Signs 2019 Wage Agreement... Retroactive Application of Step-Based Pay System Transition
Hansei University officials are taking a commemorative photo after signing the wage agreement. (From left, Hwang Byeongsam, Branch Chief of the Hansei University Branch of the National University Labor Union; Lee Injae, Director of the Corporate Affairs Department at Hansei University Foundation; Photo by Hansei University)
View original image[Asia Economy Reporter Hyunju Lee] Hansei University announced on the 30th that it held the 2019 wage agreement signing ceremony on the 26th at the main building's 8th-floor conference room with the Hansei University branch of the National University Labor Union.
Despite conducting over 20 rounds of wage negotiations since April last year, including the transition of Hansei University staff wages to a step-based system and overall wage increases, the talks ultimately broke down, leading the labor union to initiate a full strike, resulting in severe labor-management conflicts. When President Kim Seong-hye became unable to perform presidential duties due to health reasons, her child attempted to inherit the presidency, leaving the situation unresolved.
On July 30, Lee Young-hoon, the representative chairman of the Christian Council of the Assemblies of God in Korea and pastor of Yoido Full Gospel Church, expressed his commitment to "do his best to normalize Hansei University" and launched the "Hansei University Normalization Committee" at Yoido Full Gospel Church. He sent an official letter to the school promising to resume the suspended wage negotiations and provide support for the insufficient budget, which began to show signs of resolution.
Hot Picks Today
No Bacteria Detected in Arisu After 24 Hours of Repeated Drinking from a Tumbler
- Despite Surprising $23 Billion Earnings, Cisco to Lay Off 4,000 Employees for Expanded AI Investment
- High-Net-Worth Investors Increase Stock Holdings: "Samsung and SK hynix Are Basic, Now Searching for the Next Opportunity" [Investment Strategies of the Wealthy] ⑧
- "Not Just Fuel Prices: Whale Collision Risks Surge as Hormuz Blockade Reroutes Ships"
- "My Wife Is Missing"... Woman in Her 50s Still Unaccounted for Nearly a Month After Climbing Bukhansan Mountain
Meanwhile, through the signing ceremony held that day, regular employees of Hansei University received a total wage amount of 3.7 billion KRW, including an 1.1 billion KRW wage increase for 2019, along with retroactive application of special incentive payments and the transition to the step-based wage system following the wage negotiation settlement.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
