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Hyundai Heavy Industries Labor and Management Reach Tentative Agreement on Wage and Collective Bargaining… Base Salary Increased by 120,000 Won

(Ulsan=Yonhap News) Reporter Kim Geun-ju = On the 30th, labor and management at HD Hyundai Heavy Industries reached an agreement on this year's wage and collective bargaining (wage...) centered on a monthly base salary increase of 120,000 won (including seniority raises).

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Labor and management at HD Hyundai Heavy Industries reached a tentative agreement on this year's wage and collective bargaining on the 30th, which includes a monthly base salary increase of 120,000 won, including seniority-based raises. The seniority-based raise was agreed to be increased from the existing 35,000 won to 50,000 won. The agreement also includes the payment of 11 million won plus 200% in incentives and a separate performance bonus.

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연합뉴스-Yonhap News Agency연합뉴스-Yonhap News Agency
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(Ulsan=Yonhap News) Reporter Kim Geun-ju = On the 30th, labor and management at HD Hyundai Heavy Industries reached an agreement on this year's wage and collective bargaining (wage...) centered on a monthly base salary increase of 120,000 won (including seniority raises).

·Seoul, Korea (the Republic of)
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[Digital Daily Reporter Choi Min-ji] Labor and management at HD Hyundai Heavy Industries have reached a tentative agreement for this year's wage and collective bargaining agreement. While the union's demand for a profit-sharing of at least 30% of operating profit was excluded from the agreement, they agreed on base wage increases, expanded lump-sum payments, and improvements to systems related to long-term service, retirement, and childbirth. Wi…

HJ Heavy Industries labor and management signed a 2026 wage and collective agreement. It's only been about 4 months since the first negotiations began last May. HJ Heavy Industries announced that labor and management held a collective bargaining signing ceremony on the 28th and finalized this year's appointment agreement. Earlier, a provisional agreement was prepared on the 16th, and the approval rate was 69.4% in the vote for and against member…

HJ Heavy Industries and its labor union were the first in the shipbuilding industry to finalize this year's wage and collective bargaining agreement.

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asiae.co.kr broke the news on Monday, September 28, 2026.
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