Friday, March 31Welcome

South Korean Auto Workers Union signs sale deal with Kia Motors

South Korean auto workers at Kia Motors had initially planned a strike this week to demand better wages and conditions in the face of a growing economic and social crisis. , canceled the strike on Wednesday night and signed a sale deal with the company the next day. Workers must reject the latest provisional contract.

A pedestrian near the Kia Motors logo at the Seoul Mobility Show in Goyang, South Korea, on Thursday, November 25, 2021. [AP Photo/Lee Jin-man]

It was the first strike at Kia in two years. A union official told South Korea’s Yonhap news agency before the cancellation, “The management is making proposals that union members cannot understand and stalling negotiations. If things continue as they are, there will only be a general strike.”

But what was described as a “general strike” was nothing of the sort. Instead, the KMWU intended to limit its impact on the company as much as possible, limiting action to his two-hour and his four-hour partial strikes on Thursday and Friday respectively. The union no doubt wanted to polish its false radical image with talk of a strike before reaching this latest sale agreement.

When contract negotiations with Kia began in the summer, Kia workers received a monthly wage increase of 165,200 won (US$116), a bonus of 30% of last year’s operating profit, and an extension of the retirement age from 60 to 64. and to abolish the mandatory retirement age. His two-tier system that salaries for new hires are significantly lower than for older employees.

Instead, on August 30th, the union returned with its first sell-out deal. This included a monthly salary increase of 98,000 won (US$69), a 200% “performance-based” bonus, and an additional 4 million won (US$2,800) for him. “Incentive”.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *