Hyundai Motor workforce and management freeze wages after 11 years …



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【Youth Daily】 Hyundai Motor’s workforce and management managed to freeze wages (base salary) in 11 years and a two-year agreement without controversy after the vote of union members on the bargaining agreement was approved provisional salary this year.

This is possible because workers and management agreed that the national socio-economic situation is difficult due to the situation of prolonged infection by coronavirus (Corona 19), and agreed that they must work together to overcome the crisis in the automotive industry caused by the recession. world economy. I was.

On the 26th, the Hyundai Motors union voted for and against this year’s interim wage agreement for all members (49,598). As a result, 44,460 (89.6% voted) voted and 23,479 (52.8%) voted in favor. Revealed.

Interim agreement includes ▲ Salary freeze (base salary) ▲ Performance salary 150% ▲ Corona crisis surpassing stimulus of 1.2 million won ▲ Our stock ownership (shares) 10 weeks ▲ Traditional market gift certificate 200,000 won to revitalize the local economy.

With this approval, workers and management frozen wages after 11 years, and the two years in a row without a strike resulted in a complete agreement.

This is the third time in history after the 1998 currency crisis and the 2009 global financial crisis.

The workforce and management began negotiations on the 13th of last month, later than usual due to the aftermath of the new coronavirus infection (Corona 19), but in 40 days a provisional agreement came out, the second shortest. of history.

Workers and management agreed that the national socio-economic situation is difficult due to the prolonged outbreak of coronavirus (Corona 19), and agreed that they must work together to overcome the crisis in the auto industry caused by the global economic recession. .

It also embodies the willingness of workers and management to work together to prepare for the post-crown era and the changing automotive industry paradigm around green and autonomous cars.

In particular, workers and management adopted the ‘Social Declaration for the Joint Development of Workers and Management and Changes in Relations between Workers and Management’ in this agreement.

The statement is to ▲ Ensure the future competitiveness of national factories and stabilize the employment of incumbent workers ▲ Respond to future changes in the automotive industry, such as the expansion of electric vehicles ▲ Operate a job change program in preparation for futures industrial changes ▲ Make labor and management relationships with customers and citizens a reality ▲ Spare parts partners to overcome the crisis in the automotive industry Mutually beneficial support ▲ The main content is to work together to achieve customer satisfaction through work and management through quality improvement.

The signing ceremony is scheduled for the 28th of this month.

【Youth Diary = Reporter Lee Seung-gu】

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