my timesThe Korea Times
  1. South Korea
  2. Society

Hyundai Motor workers again to stage partial strikes amid wage dispute

Listen

Summary

Hyundai Motor workers will stage partial strikes throughout this week after failing to reach a wage agreement with management in Seoul on Tuesday. The union said it will hold four-hour strikes on Wednesday and Thursday, an eight-hour strike on Friday, and four-hour partial strikes on Monday and Tuesday next week. The 40,000-member union is demanding a 149,600 won monthly base pay increase and a bonus equal to 30 percent of last year’s net profit. Management has offered an 80,000 won base pay increase, a performance bonus worth 350 percent of monthly salary plus 10 million won, and 15 shares of company stock.


Key Facts

  • The union said it had already staged a combined 44 hours of partial strikes since wage talks began with management.
  • The two sides held their 16th round of negotiations earlier in the day before the latest walkout plan was announced.
  • The union wants a performance-based bonus equivalent to 30 percent of the company’s net profit for last year.
  • Management’s offer includes a 350 percent performance bonus, 10 million won, and 15 shares of company stock.
By Yonhap
  • Published Aug 18, 2026 8:35 pm KST
  • Updated Aug 19, 2026 1:16 am KST
Morning shift workers leave early after a four-hour partial strike at Hyundai Motor's plant in Ulsan's Buk District, Aug. 12. Yonhap

Morning shift workers leave early after a four-hour partial strike at Hyundai Motor's plant in Ulsan's Buk District, Aug. 12. Yonhap

The labor union of Hyundai Motor said Tuesday it will stage partial strikes throughout 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 an eight-hour strike on Friday.

The union also said it will launch four-hour partial strikes on Monday and Tuesday as well next week.

So far, the union has staged a combined 44 hours of partial strikes since it started wage talks with the management.

The latest walkout comes after management and the union failed to narrow their differences over wages. The two sides last held their 16th round of negotiations earlier in the day.

The 40,000-member union is demanding a 149,600 won ($105.60) 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.

Explore More

  • Q.

  • Q.

  • Q.