Hyundai Motor Co. has stated that its Korean unionized workers have threatened a partial strike, seeking higher wages after several years of wage agreements without strikes.
The workers plan to hold an eight-hour strike each day from Wednesday to Thursday to emphasize their demands in the ongoing wage negotiations.
Hyundai’s negotiators proposed a salary increase of 106,000 won (79.83 $USD), along with performance-based pay and a cash bonus of 8.5 million won (6,400.61 $USD) per person.
The union has demanded a salary increase 74% higher than what is being offered by the company, bonuses, and an extension of the retirement age.
Hyundai workers staged a four-hour strike on July 12 to protest against the Yoon Suk Yeol government’s perceived anti-union stance, as directed by the Korean Metal Workers’ Union (KMWU).
The Korean Metal Workers’ Union (KMWU) has been urging the Yoon government to cease union oppression and for the president to resign.
Hyundai Motor is a member of the KMWU and the KCTU, an influential confederation of trade unions in South Korea.
