HD Hyundai Reaches Wage Breakthrough, Hanwha Sit-in Continues - Cyprus Shipping News
6 Articles
6 Articles
The labor and management of HD Hyundai Heavy Industries settled the appointment agreement with an approval rate of 55.1% after 11 partial strikes and high public rhetoric. It included an increase in basic salary of 120,000 won and an incentive payment, and completed the preparation of a collective agreement based on the merger with HD Hyundai Mipo, laying the foundation for a stable labor relationship.
The wage and collective bargaining negotiations for this year between HD Hyundai Heavy Industries and its labor union have concluded. The Hyundai Heavy Industries branch of the Korean Metal Workers' Union announced on the 27th that the second tentative agreement was ratified after receiving a majority of votes from all union members. In this vote, 7,724 out of 8,193 total members (94.28%) participated, with 55.06% (
(Ulsan=Yonhap News) Reporter Kim Geun-ju = On the 27th, the Hyundai Heavy Industries Labor Union (Hyundai Heavy Industries Branch of the Korean Metal Workers' Union) [regarding] the second tentative agreement on this year's wage and collective bargaining agreement...
[Digital Daily Reporter Kim Yoo-jin] Hanwha Ocean management and labor have reached a tentative agreement on this year's wage and collective bargaining negotiations after approximately five months of talks. While they agreed on a base salary increase of 140,000 won and a lump-sum payment of 8.5 million won, they decided to continue discussions on improving the performance bonus system, a key point of contention, through a separate consultative b…
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HD Hyundai reaches wage breakthrough, Hanwha sit-in continues - Cyprus Shipping News
While the shipbuilding industry is experiencing a boom in orders, discord continues in labor-management relations on the ground. Labor and management at HD Hyundai Heavy Industries have found a breakthrough to concluding negotiations by preparing a second tentative agreement for the wage and collective agreement, but Hanwha Ocean has not been able to find an
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