HD Hyundai Heavy Industries Union Begins Strike

HD Hyundai Heavy Industries and its union have entered a fourth consecutive year of strikes after failing to reach common ground on wage negotiations. The Hyundai Heavy Industries branch of the Korean Metal Workers’ Union launched full-scale industrial action on Sep. 2, beginning with a seven-hour partial strike involving executive officers and delegates.

The union plans to carry out sequential partial strikes by sub-organization through Sep. 10, and has announced a four-hour partial strike involving all union members on Sep. 15. The central point of contention between the two sides is the scale of the base wage increase. Management put forward a first proposal calling for a 105 thousand-won (approximately $77.78) increase in base pay, including a 35 thousand-won (approximately $26.08) seniority increment, along with an incentive bonus of ‘200%+10 million won (approximately $7,407.41)’ and performance-based pay.

The union rejected the proposal outright, noting that it falls below last year’s agreed figure of 135 thousand won (approximately $100.00), which also included seniority increments.

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