The Hyundai Motor labor union is expected to move toward a strike.
On June 24, the Hyundai Motor Union (Metal Workers' Union Hyundai Branch) announced that 86.65% of its members, totaling 34,371 out of 39,668, voted in favor of strike action related to this year's wage negotiations.
A total of 37,348 members participated in the vote, resulting in a turnout of 94.15%, with 92.03% of voters supporting the strike.
If the Central Labor Relations Commission decides to halt mediation on the labor dispute on June 25, the union will be legally permitted to strike.
Following the acquisition of strike rights, the union plans to hold a launch ceremony for its Central Countermeasures Committee on June 30 to discuss the strike schedule and strategy.
If the union proceeds with the strike, it will mark the second consecutive year of labor action at Hyundai Motor.
Previously, the union demanded an increase of 149,600 won in monthly base salary (excluding seniority raises), a performance bonus equivalent to 30% of last year's net profit, and guarantees for employment and working conditions related to artificial intelligence (AI).
The union is also advocating for the implementation of a full monthly salary system, an increase in bonuses from 750% to 800%, a reduction in working hours without increasing labor intensity, and an extension of the retirement age linked to the national pension eligibility (up to 65 years). Additionally, they are calling for new hires. However, the company has not provided a significant response.
As the union approaches a potential strike, it is anticipated that the company will soon present its first negotiation proposal and continue discussions.
* This article has been translated by AI.
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