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Hyundai Heavy Industries Labor and Management Reach Second Tentative Agreement on This Year's Wage and Collective Bargaining... Base Salary Increased by 120,000 Won

(Ulsan=Yonhap News) Reporter Jang Ji-hyun = On the 23rd, labor and management at HD Hyundai Heavy Industries reached a second tentative agreement on this year's wage and collective bargaining, centered on a 120,000 won increase in base salary...

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On the 23rd, labor and management at HD Hyundai Heavy Industries reached a second tentative agreement on this year's wage and collective bargaining negotiations, which includes a 120,000 won increase in base wages. Previously, the two sides had prepared a first tentative agreement on the 30th of last month, but it was rejected in a union vote. Since then, the two sides resumed negotiations but failed to find common ground regarding the wage incr…

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(Ulsan=Yonhap News) Reporter Jang Ji-hyun = On the 23rd, labor and management at HD Hyundai Heavy Industries reached a second tentative agreement on this year's wage and collective bargaining, centered on a 120,000 won increase in base salary...

·Seoul, Korea (the Republic of)
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Hyundai Heavy Industries management and labor have reached a second tentative agreement in this year's wage and collective bargaining negotiations.

[Digital Daily Reporter Choi Min-ji] Labor and management at HD Hyundai Heavy Industries have reached a second tentative agreement for this year's wage and collective bargaining agreement, just 21 days after the first proposal was rejected. The two parties reached the second tentative agreement during the 26th round of negotiations held at the Ulsan headquarters on the 23rd. The second tentative agreement includes a 120,000 won increase in bas…

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Friday, October 23, 2026.
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