Business Korea reported that South Korean steel maker Hyundai Steel has filed a complaint with the Dangjin Police Station on 31 May, stressing that the labor union has been illegally occupying the office of the company president at Dangjin Works. As the illegal occupation of the office has been prolonged, the management has judged that it can hardly solve the problem without the intervention of public authoritiesThe labor union has strongly reacted to the company's move, taking it as a provocation. The labor union said “The management committed an absurd act of accusing the labor union, vilifying our routine struggle that took place in the process of occupying the president’s office on May 2 as an unlawful act. No violence occurred in the process of occupying the president’s office.”Concerns are growing that Hyundai Steel’s collective bargaining negotiations this year will not go smoothly as the conflicts over the performance-based bonus overlap with the lawsuit against the labor union. The labor union has occupied the president’s office since May 2 and has been staging a sit-in for a month. At the special labor-management council held on that day, when the management failed to offer a plan for the performance-based bonus, the negotiations fell through and some radical labor union members occupied even the president’s office.As the management accused the labor union ahead of wage and collective bargaining negotiations for 2022, it will considerably fuel conflicts between the labor and management. On May 26, the labor union sent out a request for a collective bargaining agreement in 2022 with the main goal of raising the basic wage by KWR 165,200 & receiving 15% of the previous year’s operating profit as a performance-based bonus. In the second half of last year, Hyundai Steel paid KWR 75,000 increase in the basic salary and a performance bonus reflecting the company’s business performances in the wage negotiations in the second half of last year.However, this year, Hyundai Motor and Hyundai Mobis have paid special incentives, putting Hyundai Steel, their sister company, in a difficult situation in terms of labor management harmony. Earlier in March, Hyundai and Kia employees received a special COVID-19 incentive of KWR 4 million per person. In response to this news, their sister companies also asked for incentives, so Hyundai Mobis decided to pay a total of KWR 4 million to all employees, KWR 3 millionn in special incentives and KWR 1 million in incentives to achieve goals in May.
Business Korea reported that South Korean steel maker Hyundai Steel has filed a complaint with the Dangjin Police Station on 31 May, stressing that the labor union has been illegally occupying the office of the company president at Dangjin Works. As the illegal occupation of the office has been prolonged, the management has judged that it can hardly solve the problem without the intervention of public authoritiesThe labor union has strongly reacted to the company's move, taking it as a provocation. The labor union said “The management committed an absurd act of accusing the labor union, vilifying our routine struggle that took place in the process of occupying the president’s office on May 2 as an unlawful act. No violence occurred in the process of occupying the president’s office.”Concerns are growing that Hyundai Steel’s collective bargaining negotiations this year will not go smoothly as the conflicts over the performance-based bonus overlap with the lawsuit against the labor union. The labor union has occupied the president’s office since May 2 and has been staging a sit-in for a month. At the special labor-management council held on that day, when the management failed to offer a plan for the performance-based bonus, the negotiations fell through and some radical labor union members occupied even the president’s office.As the management accused the labor union ahead of wage and collective bargaining negotiations for 2022, it will considerably fuel conflicts between the labor and management. On May 26, the labor union sent out a request for a collective bargaining agreement in 2022 with the main goal of raising the basic wage by KWR 165,200 & receiving 15% of the previous year’s operating profit as a performance-based bonus. In the second half of last year, Hyundai Steel paid KWR 75,000 increase in the basic salary and a performance bonus reflecting the company’s business performances in the wage negotiations in the second half of last year.However, this year, Hyundai Motor and Hyundai Mobis have paid special incentives, putting Hyundai Steel, their sister company, in a difficult situation in terms of labor management harmony. Earlier in March, Hyundai and Kia employees received a special COVID-19 incentive of KWR 4 million per person. In response to this news, their sister companies also asked for incentives, so Hyundai Mobis decided to pay a total of KWR 4 million to all employees, KWR 3 millionn in special incentives and KWR 1 million in incentives to achieve goals in May.
