ID :
18949
Thu, 09/11/2008 - 19:11
Auther :
Shortlink :
https://oananews.org//node/18949
The shortlink copeid
Kia Motors union rejects tentative wage deal
SEOUL, Sept. 11 (Yonhap) -- Union workers at Kia Motors Corp. on Thursday rejected a tentative wage agreement with the company's management that could have ended a series of partial strikes that have affected the carmaker.
The deal ironed out on Wednesday called for a 5.6 percent raise in the basic
monthly salary, a bonus equivalent to three months of salary and a lump-sum
payment of three million won (US$2,730).
In addition, Kia agreed to a one-year increase in the retirement age, making it
59, and the abolishment of the all-night shift from September next year.
However, "The agreement did not get the necessary votes by rank-and-file
workers," said a union representative.
He said that talks with management will resume after the three-day Chuseok
holiday that begins Saturday.
Kia is an affiliate of Hyundai Motor Co., the sixth-largest carmaker in the world.
The deal ironed out on Wednesday called for a 5.6 percent raise in the basic
monthly salary, a bonus equivalent to three months of salary and a lump-sum
payment of three million won (US$2,730).
In addition, Kia agreed to a one-year increase in the retirement age, making it
59, and the abolishment of the all-night shift from September next year.
However, "The agreement did not get the necessary votes by rank-and-file
workers," said a union representative.
He said that talks with management will resume after the three-day Chuseok
holiday that begins Saturday.
Kia is an affiliate of Hyundai Motor Co., the sixth-largest carmaker in the world.
