Renault Korea Concludes Wage Negotiations Without Disputes, "Building Labor-Management Cooperation"

Wage Negotiation Signing Ceremony Held

Renault Korea announced on the 26th that the company held the "2025 Wage Negotiation Signing Ceremony" at its Busan plant on the 25th, with representatives from both labor and management in attendance.

Since the initial meeting in April, labor and management held a total of 13 negotiation sessions before reaching a tentative agreement. The agreement includes a basic salary increase of 103,500 won, a settlement bonus of 2.5 million won, and a variable PI of 150%. In addition to compensation, it also establishes an institutional foundation for building a sustainable labor-management cooperation system in the future.

This proposal was approved by a majority vote at the general staff meeting on the 25th, allowing this year's wage negotiations to conclude without any disputes.

Earlier this year, Renault Korea's Busan plant carried out extensive facility upgrades to lay the groundwork for the production of future eco-friendly vehicles. The company became the first in the domestic finished vehicle industry to complete an upgrade to a "future mobility production line," capable of manufacturing internal combustion engine vehicles, hybrid vehicles, and the latest pure electric vehicles all on a single mixed production line.

A Renault Korea representative stated, "Renault Korea, the first domestic finished vehicle company to conclude wage negotiations, is focusing all its resources on maintaining customer satisfaction based on stable labor-management relations."

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