Workers at Hyundai Motor in Korea have voted to reject a preliminary pay deal reached between management and union leaders.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
AFP reported that some 61% of union members voted against the deal reached earlier this week.
The proposed deal includes a 5.61 percent rise in base salary, a one-off payment of 3m won and a bonus of 300% of monthly salary.
The company and the union also agreed to reduce working hours to 17 hours a day from 20 hours from next year but to keep production volumes.
Negotiations between the managament and union leaders are expected to resume next week.
