Wage Negotiations Conclude at Hyundai Heavy

 

According to the tentative agreement, HHI employees would receive a basic pay of 37,000 won, a 2 percent increase; a one-off bonus of two million won plus company shares equal to 150 percent of their pay; 10,000 won increase in their “job environment allowance”; 200,000 won gift card; 700% bonus as included in their ordinary wage and a special leave on February 23, 2015. 

 

The tentative agreement will take effect subject to a vote at the General Assembly of the labor union vote scheduled for early January next year.