Renault Samsung Labor-Management Main Negotiations Stalled... Strike Timing to Be Discussed Next Week

[Asia Economy Reporter Lim Chun-han] After the Renault Samsung Motors labor union approved a strike vote, the labor and management held their first negotiation but failed to narrow their differences.

On the afternoon of the 4th, the labor and management of Renault Samsung Motors held the 5th main negotiation for the 2020 wage and collective bargaining agreement at the Busan plant. The union identified a 70,000 KRW increase in the base salary, reduction of labor intensity, and job security as key issues.

During the main negotiation, which lasted about four hours, the union argued the unfairness of voluntary retirement, while the management stated that voluntary retirement was inevitable due to business difficulties such as recording losses last year.

The labor and management plan to discuss the issues again at the 6th main negotiation. The union stated, "The management is delaying negotiations by not bringing a proposal," and added, "We plan to hold an extraordinary general meeting and a strike countermeasure committee next week to discuss the timing of the strike and future directions of the struggle."

The union is legally able to strike after holding a strike vote on the 2nd.

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