GM Korea's management, union reach tentative wage deal

GM Korea's management, union reach tentative wage deal

The management and union of GM Korea, the Korean unit of General Motors, on Thursday reached a tentative agreement on this year's wage negotiations after 19 rounds of talks, the company said. The agreement includes a 95,000 won ($69) monthly base wage hike and a comprehensive bonus package totaling 17.5 million won per worker. The two sides also agreed to introduce a new production incentive allowance for certain shifts and raise assembly-relate…