Hyundai Motor workers to stage 4-day partial strikes amid wage dispute
Summary
Hyundai Motor workers will stage four days of partial strikes this week after failing to reach a wage deal with management. The union plans four-hour walkouts on Wednesday and Thursday and six-hour strikes on Friday and Sunday. It is seeking a 149,600-won monthly base pay increase and a profit-linked bonus, while the company has offered a smaller raise and stock-based compensation.
Key Facts
- The union said it staged partial strikes totaling 30 hours last month and skipped special shifts on four Saturdays.
- Those actions caused an estimated production loss of 42,510 vehicles.
- The two sides last held their 15th round of negotiations on July 8.
- The union has about 40,000 members.
- Hyundai Motor has offered an 80,000-won monthly base pay increase, a performance bonus equal to 350 percent of monthly salary plus 10 million won, and 15 shares of company stock.

Employees of Hyundai Motor's Ulsan plant leave as they stage partial strikes, July 29. Yonhap
The labor union of Hyundai Motor said Tuesday it will stage four days of partial strikes this week after failing to reach an agreement with management over wages.
The automaker's union said it decided to stage four-hour strikes on Wednesday and Thursday and six-hour strikes on Friday and Sunday.
The union staged partial strikes totaling 30 hours last months and refused to work special shifts on four Saturdays, resulting in an estimated production loss of 42,510 vehicles.
The latest walkout comes after management and the union failed to narrow their differences over wages. The two sides last held their 15th round of negotiations on July 8.
The 40,000-member union is demanding a 149,600-won ($105.6) increase in monthly base pay and a performance-based bonus equivalent to 30 percent of the company's net profit for last year.
The company, however, has offered an 80,000-won increase in monthly base pay, a performance bonus equivalent to 350 percent of monthly salary plus 10 million won, as well as 15 shares of company stock.
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