hyundai motor union stages tenth partial strike
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Hyundai Motor union stages tenth partial strike

Arab Today, arab today

Arab Today, arab today Hyundai Motor union stages tenth partial strike

Seoul - Yonhap

Unionized workers of South Korea's largest carmaker Hyundai Motor Co. went on a partial strike Thursday as their leaders began a new round of negotiations with management to work out differences over a wage deal. The two sides are at odds over the union's demand that the company withdraw a compensation suit against two union officials accused of halting an assembly line in Ulsan in April in protest of a deal on weekend work. A district court in Ulsan ruled last week that the two union officials must pay 300 million won (US$273,000) to the company. A company official said the management has no plan to withdraw its suit. He asked not to be identified, citing policy. Ulsan is home to Hyundai's main production facility, located some 410 kilometers southeast of Seoul. The latest walkout marked the 10th time that Hyundai's 46,000 unionized workers have downed their tools since mid-August. The union's demand calls for, among other things, a special bonus amounting to 30 percent of the company's net profit last year, which was 9 trillion won. The union is also asking for a hike of 130,000 won in basic pay and a one-year extension of the retirement age to 61, as well as an allowance of 10 million won each for workers' children who choose to seek employment instead of going to college. Currently, the carmaker provides full tuition to three children of each union member for their high school and college education. Separately, Kia Motors Corp. also held a fresh round of negotiations with its union to try to work out differences, the company official said, without elaborating. Kia union calls for a similar pay hike and other benefits. About 30,000 union members plan to walk off the job for several hours on Friday. Hyundai and its smaller sister company Kia, which together form the world's fifth-largest automaker, have long been plagued by labor disputes.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hyundai motor union stages tenth partial strike hyundai motor union stages tenth partial strike

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hyundai motor union stages tenth partial strike hyundai motor union stages tenth partial strike

 



GMT 20:01 2011 Thursday ,15 September

Kindle e-reader ads get local

GMT 21:34 2017 Saturday ,19 August

Taylor Swift donates to sexual assault charity

GMT 14:41 2017 Wednesday ,04 January

Nadal storms into Brisbane second round

GMT 13:02 2017 Monday ,06 November

Algerian health official criticizes minister

GMT 15:30 2017 Saturday ,14 October

Health and fitness e-zine seeks anti-ageing face oils

GMT 05:50 2017 Monday ,06 February

Philippine ministers fear mine closure will cost jobs

GMT 02:27 2018 Saturday ,20 January

over daughter's molestation claims

GMT 09:38 2018 Wednesday ,10 January

Berri receives official invitation to France

GMT 08:53 2017 Saturday ,30 December

George Wasoof celebrates his birthday
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday