Hyundai Motor Union Votes 92% in Favor of Strike... Countdown to Strike Begins

The Hyundai Motor Labor Union has passed the strike proposal with an overwhelming approval rate of 92%. Once the Central Labor Relations Commission issues a decision to suspend negotiation mediation, the Hyundai Motor Union will obtain a legal right to strike at any time.

On the 25th, the Hyundai Motor Union announced that it passed the strike proposal with a 91.7% approval rate (39,000 members) in a vote conducted among all union members. The number of participants was about 43,000, accounting for 96% of the total 44,000 union members.

This vote was the first in the history of the Hyundai Motor Union to be conducted via mobile electronic voting. Thanks to this, the voting results, which took place from 8 a.m. to 6 p.m., could be confirmed immediately after the voting ended.

Photo by Hyundai Motor Labor Union

With the approval of this vote, attention is focused on the negotiation mediation by the Central Labor Relations Commission scheduled for the 28th. If the commission judges that the gap between labor and management positions is too wide and decides to 'suspend mediation,' the union can legally proceed with a strike. The union is expected to use the secured right to strike as leverage to gain an advantage in negotiations.

If the union proceeds with a strike, it will be the first strike in five years related to wage and collective bargaining. The union is demanding an 184,900 KRW increase in the basic wage (excluding step increases), a 30% performance bonus based on last year's net profit, the actualization of various allowances, and an extension of the retirement age to 64 years old in this year's wage and collective agreement negotiations.

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