Hyundai and union agree on deal following rare strike
Hyundai Motor and its labor union have come to a preliminary agreement on wages and bonuses, following a rare one-day walkout by approximately 40,000 employees in South Korea. The proposed deal features a monthly pay hike along with a bonus equivalent to four months of salary. Additionally, Hyundai has committed to increasing the retirement age from 60 to 65, contingent upon the passage of national legislation.
by shortkt.com✓