Hyundai Motor workers are expected to demand a wage rise this year despite a global economic crisis that is forcing production cuts at many of the company’s plants, Yonhap News reported.
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The 45,000-strong union will call for a 4.9% pay raise, or 87,709 won (US$58), in monthly basic salary for each worker when the two sides start annual salary negotiations in April, the report said.
As usual, the union has indicated it would go on strike if the negotiations fail. Hyundai Motor and the union agreed on a 5.8% pay increase last year.
“We will make efforts to finalise the negotiations as early as possible,” Chang Kyu-ho, a union spokesman, was quoted as saying.
