Daegu Urban Railroad Corporation, 15 Consecutive Years of Dispute-Free Wage Agreements... 2.8% Wage Increase

Agreement on Improving Treatment of Regular Employee Conversions and Others

Daegu Metropolitan Transit Corporation labor union chairman Yoon Gi-ryun and president Hong Seung-hwal posing for a commemorative photo after signing the 2020 wage agreement.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Daegu Metropolitan Transit Corporation announced on the 16th that it has signed the 2020 wage agreement with Daegu Subway and Daegu Metropolitan Transit Labor Union, with a key point of a 2.8% wage increase.

The labor and management started the first main negotiation in July and conducted discussions through various channels including 4 main negotiations, 6 working-level negotiations, and 9 intensive negotiations over approximately 140 days, finally reaching an agreement. With this agreement, the corporation and both labor unions have realized 15 consecutive years of labor-management peace without disputes.

The main contents of this labor-management agreement are ▲ 2.8% wage increase (in compliance with government standards) ▲ improvement of group insurance for compensation of employees who suffer violence during work ▲ improvement of treatment for workers converted to regular positions ▲ active participation in the use of local currency (Happy Pay) ▲ raising part of the wages to support vulnerable groups.

Hong Seung-hwal, president of Daegu Metropolitan Transit Corporation, said, "I am grateful to both labor unions for understanding the difficult management conditions caused by COVID-19 and cooperating actively," and pledged, "We will continue to maintain a trustworthy and mutually beneficial labor-management relationship that contributes to the development of labor relations in the region."

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