The HD Hyundai Heavy Industries labor union has decided to strike through a member vote. This is due to the lack of progress in this year's wage negotiations.
The HD Hyundai Heavy Industries union reported that 66.9% of all members (7,539 people) participated in the strike vote conducted from the 2nd to the 4th, with 64.0% (4,828 people) voting in favor.
The union will gain strike rights if the Central Labor Relations Commission determines that the differences between labor and management are significant and decides to suspend mediation because more than half of all members supported the strike. The commission is expected to decide on the suspension of mediation on the 7th.
The union aims to reach a tentative agreement on this year's wage negotiations by the end of this month, before the summer vacation. Accordingly, if the company does not present its proposal by mid-month at the latest, the union is likely to schedule a strike.
The union is demanding an increase of 141,300 won in the monthly base salary (excluding seniority increments), an increase in longevity pay, and an extension of the retirement age (up to 65 years). The labor and management have held negotiations about ten times but have made no progress.
Baek Ho-seon, head of the HD Hyundai Heavy Industries union branch, stated after the vote counting on the 4th, "If there are no sincere proposals from management, we have no choice but to make a serious decision." The union conducted partial strikes 24 times during last year's negotiation process.