Two years of labor-management temporary agreement with Hyundai-China Total of this year’s employment guarantee

Wage increased by 46,000 won in 2019, and basic salary was frozen in 2020
Withdrawal of lawsuit in the process of corporate division… “Expectation to establish a foothold for another leap forward through labor-management cooperation”

Labor-management, Hyundai-China, interim agreement for two years  This year's employment guarantee promise (total)

On the 3rd, the labor and management of Hyundai Heavy Industries came up with a provisional agreement with two-year wages for 2019 and 2020.

Labor and management announced that they had come up with a provisional agreement after long-term negotiations at the Ulsan headquarters.

The provisional agreement is to raise wages by 46,000 won in 2019 (including 23,000 won for senior salaries), 218% incentives, 100% incentives + 1.5 million won, and 300,000 won welfare points.

In relation to the labor union agreement in 2020, the basic wage was frozen (a fixed increase of 23,000 won for the salary increase), 131% incentives, 2.3 million won for labor-management harmony encouragement, and 300,000 won for regional economy gift certificates.

After the labor and management dispute over the general shareholders’ meeting for the division of the company in May 2019, the dispute over the issue of the dismissal, the disciplinary person on strike, and the issue of compensation for damages caused by the damage of the shareholders, a provisional agreement was made in 1 year and 9 months. Prepared.

The labor and management included the details of withdrawing the lawsuit for damages and remedies for unfair dismissal filed by both sides in this provisional agreement.

In addition, it was decided to re-enter 3 out of 4 dismissed persons, and to continue the discussion about the remaining one who was arrested.

The union, however, expressed regret for the illegal acts that occurred during the division of the corporation, and decided that the labor and management shall take responsibility for any illegal acts that may occur in the future.

The labor and management also made an active effort to secure work, and decided to guarantee employee employment this year.

It is analyzed that the labor and management decided that negotiations could no longer be prolonged amid the global economic downturn due to the new coronavirus infection (Corona 19), and prepared an agreement before the Lunar New Year holiday.

If this provisional agreement is passed in the votes for and against all members held on the 5th, the final agreement is concluded.

The union said, “We hope that the members and local residents will be settled as soon as possible, so we have come to a tentative agreement after much thought.” I look forward to going out.”

The company said, “We look forward to setting a foothold for a new leap forward through labor-management cooperation in the new year with a smooth settlement.”

/yunhap news

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