Skip to content

South Korea: Hyundai, union reach tentative wage deal

South Korea's largest vehicle manufacturer Hyundai and its workers' union have reached a tentative agreement on an increase in wages for 2010, thereby averting a strike. According to statements released separately by Hyundai and the union, the base monthly salary for workers will be increased by 4.9%, or Won 79,000 (US$66), It’s time to log … Continued

South Korea's largest vehicle manufacturer Hyundai and its workers' union have reached a tentative agreement on an increase in wages for 2010, thereby averting a strike.

According to statements released separately by Hyundai and the union, the base monthly salary for workers will be increased by 4.9%, or Won 79,000 (US$66),

It’s time to log in (or subscribe).

Not a member? Subscribe now and let us help you understand the future of mobility.

Pro
£495/year
or £49.50/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
no
OEM Tracker
no
OEM Model Plans
no
OEM Production Data
no
OEM Sales Data
no
Pro+
£1,950/year
or £195/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Team
£3,950/year
or £395/month
Up to 5 users
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Enterprise
Unlimited
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes

Welcome back , to continue browsing the site, please click here