Company A and its trade union president have concluded a collective bargaining agreement after lengthy negotiations.The union suddenly held a vote on the already-signed agreement, and declared the agreement null and void on the grounds of the voting outcome. Company… Continue Reading
As its affiliated unions are discussing their strike plans for 2015, the KCTU will be requesting their support for its own major strikes in 2015. The Korean Metal Workers’ Union is working on establishment of the FKTU-KCTU Joint Committee of… Continue Reading
The Seoul Central District Court recognized a bonus paid to 2 former Hyundai Auto Service employees as ordinary wage, in a lawsuit filed in March 2013 by 23 unionized workers of Hyundai Motor claiming 6 types of bonus should be… Continue Reading
The union and management at Hyundai Heavy Industry reached a temporary collective agreement on 31 December 2014 to raise employees’ basic salary by 37,000 KRW per month and count annual bonuses worth 700% of monthly wage into ordinary wage. [Table… Continue Reading
The Labor Market Structure Improvement Committee under the Economic & Social Development Commission (ESDC) formed an expert group for discussions on the 5 agenda items and 14 specific tasks for structural reforms of the labor market in the Framework… Continue Reading