Coway Holds 2023 Wage and Labor Agreement Signing Ceremony with Production Union

Maximizing Customer Value Through Labor-Management Cooperation
Promoting Sustainable Growth

Coway (CEO Seo Jang-won) announced that on the 21st, it held the '2023 Wage and Collective Agreement Signing Ceremony' with the Coway Labor Union at the Yugu Factory located in Gongju City, Chungcheongnam-do.

Starting with the initial collective bargaining meeting with the Coway Labor Union, composed of production workers, in December last year, Coway reached a smooth agreement after seven months. Representatives from labor and management, including Kim Dong-hwa, Head of Coway Production Headquarters, and Lim Jae-hwan, Chairman of the Production Coway Labor Union, attended the signing ceremony and signed the agreement.

Kim Dong-hwa, Head of Coway Production Headquarters (left), and Im Jae-hwan, Chairman of the Coway Labor Union Production, are posing for a commemorative photo.

Through this wage and collective agreement, labor and management agreed on ▲basic salary increase ▲guarantee of union activities, and other collective agreement terms. A Coway official stated, "We will do our best to prepare measures for mutual development between labor and management through this wage and collective agreement," adding, "We will continue to strive to maximize customer value, our common goal, based on cooperation between labor and management amid an unstable internal and external business environment, and promote sustainable growth."

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