Hyundai Motor union says will restart talks with management

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SEOUL : Hyundai Motor's unionised workers will resume labour talks with the company's management after negotiations had stalled earlier this month, the union said on Wednesday.On Monday, the 44,000-strong union won permission to go on a strike from a government organisation that handles labour disputes, r

SEOUL : Hyundai Motor's unionised workers will resume labour talks with the company's management after negotiations had stalled earlier this month, the union said on Wednesday.

On Monday, the 44,000-strong union won permission to go on a strike from a government organisation that handles labour disputes, raising the probability of the company's first wage-related industrial action in five years. Union members unanimously voted to restart negotiations after a company request, the union said in a statement, adding that talks will resume on Thursday.

However, the union said unionised workers would skip extra shifts from Sept. 4, while negotiations were underway. In a fast-ageing society, South Korean labour unions including one at Hyundai, the country's top automaker, are battling company managements to press an unusual demand: raise the age of retirement to give workers a few more wage-earning years to make up for slim pensions.

 

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