Unionised Workers Of Kia Vote In Favour Of Strike For Higher Wages
In a daylong vote, 79.5 percent of members of Kia's labor union supported the strike plan, with some 87 percent of the total of 25,798 members having cast ballots, according to the union, reports Yonhap news agency.
Kia workers have been calling for a raise in their base salary and performance bonus as well as an extension of the retirement age to 64 and the introduction of a four-day workweek system.
With the vote, the Kia labor union has secured the legal right to stage a walkout if arbitration breaks down at the National Labor Relations Commission.
The union plans to launch a committee on Monday to discuss whether to actually stage a strike if talks fall through.
"With the overwhelming approval rate confirming the anger and united will of our members, the union will break through with collective strength if talks break down," the union said in a statement.
"If the management presents a proposal acceptable to the members, we are ready to conclude negotiations at any time," it added.
Kia's labour and management successfully concluded wage negotiations without a strike from 2020 to last year.
Meanwhile, South Korea's car exports increased 8.6 percent from a year earlier in August despite U.S. tariffs, thanks to robust demand for electric vehicles (EVs) in Europe, data showed.
The value of outbound shipments of automobiles came to US$5.5 billion last month, the highest figure for any August, according to the data from the Ministry of Trade, Industry and Energy.
In terms of volume, exports gained 5.5 percent on-year to 200,317 vehicles last month.
The value of accumulated auto exports from January to August reached an all-time high of $47.7 billion.
-IANS
na/

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Motif AI Enters Phase Two Of Its Growth Cycle
- 1Inch Unlocks Access To Tokenized Rwas Via Swap API
- Kucoin Presents Kumining: Embodying Simple Mining, Smart Gains For Effortless Crypto Accumulation
- With Seal, Walrus Becomes The First Decentralized Data Platform With Access Controls
- Jpmorgan Product Head Joins GSR Trading MD To Build Institutional Staking Markets
- Innovation-Driven The5ers Selects Ctrader As Premier Platform For Advanced Traders
Comments
No comment