Unionized HD Hyundai Heavy Industries attend a rally in entrance of the agency headquarters in Ulsan, South Gyeongsang Province, Tuesday. Yonhap
HD Hyundai Heavy Industries Co., a significant shipbuilder, and its labor union have reached a tentative wage deal following a number of partial strikes, in accordance with the corporate Wednesday.
The 2 sides reached an settlement in the course of the thirtieth spherical of wage and collective bargaining negotiations held on the firm’s headquarters in Ulsan on the southeastern coast.
The settlement features a 129,000 gained (US$92) improve in month-to-month fundamental pay, together with further bonuses.
The deal is now topic to a vote by union members, scheduled for Friday.
Unionized employees of HD Hyundai Heavy have engaged in 24 rounds of partial strikes since Aug. 28, demanding improved wages and dealing situations. (Yonhap)
