Hyundai Motor Union Resolves to Initiate Dispute... Strike Vote Scheduled for the 7th

Hyundai Motor Union Holds Emergency Delegates' Meeting to Resolve Dispute Occurrence
(Ulsan=Yonhap News) On the 5th, the Hyundai Motor Union held an emergency delegates' meeting at the Hyundai Motor Culture Hall in Buk-gu, Ulsan, to resolve the occurrence of a dispute related to this year's wage and collective bargaining agreement. July 5, 2021 [Provided by Hyundai Motor Union. Redistribution and DB prohibited]
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[Asia Economy Reporter Lee Junhyung] The Hyundai Motor labor union, which declared the breakdown of this year's wage and collective bargaining negotiations, resolved to initiate a labor dispute on the 5th.

On the same day, the union held an extraordinary delegate meeting at the Hyundai Motor Cultural Center in Buk-gu, Ulsan, and unanimously passed the resolution to initiate the dispute and the plan to form a Central Dispute Countermeasure Committee. Earlier, the union applied for dispute mediation to the Central Labor Relations Commission on the 30th of last month.

The union will conduct a strike approval vote among all union members on the 7th of this month. If the Labor Relations Commission decides to suspend mediation and the majority votes in favor of the strike, the union will be able to legally proceed with the strike.

However, the union does not intend to carry out the strike unconditionally even if it secures the right to strike. They plan to resume negotiations if the management presents a progressive proposal.

Since the initial meeting on May 26, the labor and management have held 13 rounds of negotiations but failed to reach an agreement. In this year's negotiations, the union demanded a wage increase of 99,000 KRW (excluding regular and seniority increments), a 30% performance bonus, extension of retirement age (up to 64 years old), and maintenance of jobs at domestic factories.

The management initially proposed a 50,000 KRW increase in base pay (including seniority increments), 100% performance bonus plus 3 million KRW, a 2 million KRW quality improvement incentive, and welfare points worth 100,000 KRW.

Meanwhile, labor and management have reached agreements without disputes in negotiations over the past two years.

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