The Korea Automobile Manufacturers Association Welcomes the Settlement of Wage Negotiations at Korea GM Without Strikes

[Asia Economy Reporter Changhwan Lee] The Korea Automobile Manufacturers Association (KAMA) announced on the 25th that it actively welcomes Korea GM's completion of the 2021 wage negotiations without any strikes.

KAMA evaluated that the union leadership abandoning the annual strike practice and reaching a consensus through dialogue and compromise could be a starting point for productive changes in labor-management relations and the establishment of industrial peace.

In particular, unlike the annual practice of striking as a means of avoiding responsibility when the tentative agreement is rejected in the union member vote, this time, despite the rejection, reaching a negotiation settlement through dialogue was emphasized as the first step in accumulating industrial peace practices.

Jung Manki, Chairman of KAMA, said, "We also expect Kia, which reached a tentative agreement on the same day, and Renault Samsung, which experienced severe labor-management conflicts in 2020, to settle without strikes," adding, "I hope this year will be the starting point for transforming the confrontational labor-management relations in the automobile industry into a cooperative relationship of mutual growth."

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