Hyundai Motor union votes in favor of strike for higher wages

Unionized workers of Hyundai Motor on Monday voted in favor of launching a strike to demand higher pay, the union said, a move that could lead to the company's first walkout in seven years. In a daylong vote, 86.15 percent of members supported the strike plan, with nearly 95 percent of the 42,180 members casting ballots, according to the union. With arbitration by the state labor relations committee also failing earlier in the day, the 42,000-member union has now secured the legal right to stage a walkout. Still, the results are unlikely to lead to an immediate strike. The union will launch an ad hoc strike committee Thursday and hold a meeting to discuss detailed plans. If carried out, it would mark Hyundai Motor's first walkout in seven years. The union and management have held 17 rounds of wage talks this year but have yet to narrow their differences over the union's demand for higher wages and performance-based bonuses. The union is demanding a 141,300-won ($102) increase in the monthly base pay per worker and 30 percent of Hyundai's annual net profit to be distributed as performance-bWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times