Labor-Management of Hyundai Heavy Industries drew up a provisional agreement for the 2019-2020 labor union

Only 1 year and 9 months after the corporate split-off

[이미지출처=연합뉴스]

[아시아경제 김지희 기자] On the 3rd, the labor and management of Hyundai Heavy Industries came up with a provisional agreement on wages and collective agreements for two years from 2019 to 2020.

The labor and management announced that they had drawn up a provisional agreement after continuing the negotiations at the Ulsan headquarters. The provisional agreement included an increase in wages of 46,000 won in 2019, a freeze of basic wages in 2020, bonuses, and payments of encouragement.

Both labor and management had previously formed a confrontation over the issue of dismissal and disciplinary persons, and compensation for damages caused by the damage of the shareholders after having had a conflict over the company’s corporate division shareholders’ meeting in May 2019. Accordingly, a provisional agreement was prepared after 1 year and 9 months.

If this mismatched agreement passes the vote of all union members, the collective agreements in 2019 and 2020 will be finalized.

Reporter Kim Ji-hee [email protected]