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For two years in a row, an interim agreement was developed without dispute
“Overcoming the Corona crisis” … Pros and cons on 25
▲ Hyundai Motor Labor and Management, Interim Agreement on Wage Freeze and No Dispute
On the 21st, workers and management at Hyundai Motors tentatively agreed to this year’s wage negotiations, with the goal of freezing the base salary. On this day, the workforce and management reached a tentative agreement in the thirteenth negotiation conducted via video conferencing at three locations, including the Ulsan plant. If the interim agreement is approved by a vote of all members on the 25th, Hyundai Motor’s workforce and management will fully finalize the agreement this year. The photo shows the representative of the Hyundai Motor labor negotiations on the 13th of last month to have a salary negotiation meeting this year in the main building of the Ulsan plant. 2020.9.21
Hyundai motor company
On the 21st, workers and management at Hyundai Motors agreed to temporarily freeze wages in this year’s wage negotiations. The Hyundai Motor pay freeze has passed 11 years since the 2009 global financial crisis. Hyundai Motor Company’s development of green electric and autonomous vehicles is also expected to gain momentum.
On this day, the workforce and management of Hyundai Motors drew up a tentative agreement in the twelfth wage negotiation conducted by video conference at three locations, including the main building of the Ulsan plant. This is an undisputed interim agreement for two years in a row after last year. The deal included a plan to freeze wages (base salary), 150% incentives, 1.2 million won as a stimulus for the Corona 19 crisis, 10 shares, and 200,000 won in traditional market gift certificates to revitalize the local economy. Hyundai Motor’s pay freeze is the third time since the financial crisis of 1998 and the financial crisis of 2009. The vote for and against the members will take place on the 25th.
A Hyundai Motor Company official said: “We agree with the national socio-economic situation that has become difficult due to Corona 19 and we agree that joint efforts are necessary to overcome the crisis in the automobile industry facing the economic recession. world. I agreed.”
Workers and management adopted the ‘Social Declaration for Joint Development of Workers and Management and Changes in Relations between Workers and Management’ in this agreement. The declaration includes: ▲ Ensuring the future competitiveness of national factories and stabilizing the employment of regular workers. ▲ Respond to future changes in the automotive industry, such as the expansion of electric vehicles. ▲ Operate a job change program in preparation for future industrial changes. Win-win support ▲ Contains the content of working together to achieve customer satisfaction between workforce and management through quality improvement.
Through this statement, workers and management decided to expand and operate a “ win-win cooperation program ” at the group level to support spare parts suppliers struggling with the prolonged Corona 19. The joint team of Infectious disease prevention (TFT) workforce and management will be trained to jointly respond to preventing the spread of infectious diseases, including Corona 19, and to reestablish the quarantine system by establishing a manual of prevention.
Reporter Lee Young-jun [email protected]
