Busan Port Authority Labor and Management Sign Wage and Collective Agreement Without Disputes for 19 Consecutive Years

Busan Port Authority President Kang Jun-seok (left) and Labor Union Chairman Park Shin-ho are taking a commemorative photo after signing the 2022 wage and collective agreement.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] The Busan Port Authority (BPA) labor and management have signed the 2022 wage and collective agreement.

The Busan Port Authority labor and management signed the 2022 wage and collective agreement on the 22nd at the headquarters building, reaching a settlement without dispute for the 19th consecutive year.

At the first collective bargaining meeting in November, labor and management pledged to engage in negotiations based on a cooperative and respectful labor-management relationship, and after several rounds of working-level and main negotiations, they concluded the wage and collective agreement.

The revised collective agreement includes ▲ a 1.4% increase in total labor costs compared to the previous year according to government guidelines ▲ introduction of a recharge leave system ▲ strengthening of protection procedures for disciplinary subjects ▲ clarification of working hours standards ▲ revision of infertility treatment leave, among other agreements aimed at improving work efficiency and working conditions.

Kang Jun-seok, BPA President, said, “I believe that labor and management were able to sign the wage and collective agreement for the 19th consecutive year without dispute through mutual trust and communication,” and added, “I hope this agreement will serve as a foundation for developing labor-management culture.”

Park Shin-ho, BPA Labor Union Chairman, said, “I express gratitude to the management for their efforts in creating an environment where labor and management can grow together, and I will take the lead in ensuring that a cooperative and considerate labor-management relationship continues in the future.”

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