Daewoo Shipbuilding Reaches Collective Bargaining Agreement... Basic Salary Frozen, Incentive Payment Provided
[Asia Economy Reporter Hwang Yoon-joo] Daewoo Shipbuilding & Marine Engineering's labor and management have reached an agreement on this year's collective bargaining, including a freeze on the base salary.
The Daewoo Shipbuilding labor union announced on the 11th that out of 5,481 union members, 5,046 voted in a referendum on the tentative collective bargaining agreement, with 3,003 (59.51%) in favor, thus passing the agreement.
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On the 9th, during the 37th round of negotiations, the company's labor and management tentatively agreed on a collective bargaining agreement that includes a freeze on the base salary and a collective bargaining settlement incentive payment of 2.5 million won.
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