SOUTH KOREA: Daewoo workers accept 11% pay hike
Unionised workers at South Korea's GM Daewoo Automotive & Technology Co. voted on Tuesday to accept a pay rise of 11% and other benefits, a company spokesman told Reuters, which noted that South Korea traditionally faces a seasonal rise in union action every summer and foreign investors frequently cite labour unrest as a key deterrent to investing in the country.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable