
This photo shows a production plant of GM Korea in Incheon, April 20, 2018. Newsis
Unionized workers of GM Korea, the Korean unit of General Motors, have voted to accept this year's wage agreement with management, ending four months of prolonged negotiations, the union said Tuesday.
In the recent vote, 66.5 percent of the 6,508 union members approved the deal, while 33.2 percent opposed it, according to the union.
The agreement includes a 95,000 won ($69) monthly base wage hike and a comprehensive bonus package totaling 17.5 million won per worker. The two sides also agreed to introduce a new production incentive allowance for certain shifts and raise assembly-related allowances.
The automaker's management and union had clashed over the company's plan to sell unused company assets and dismiss the chief of the union, delaying the wage deal until a tentative agreement was reached in the 19th round of talks last week.