Amid stalling wage and production negotiations between GM Korea and its workers, the latter have voted to strike.
Reuters reports 69 percent of the 14,016-strong workforce voted to put down their tools and walk out for the fourth consecutive year unless a deal is reached between the workers’ union and management over a change in GM Korea’s 60-year-old wage scheme along with a production increase. A representative for the union claimed that “both sides remain committed to reaching a fair and reasonable labour agreement based on mutual trust and understanding,” however.
The demands come on the heels of a 2013 ruling by South Korea’s supreme court proclaiming fixed bonuses should be considered as part of a worker’s base wage. If successful, GM Korea’s workers would see an increase in overtime and severance pay among other statutory benefits, all adjusted accordingly in proportion to base pay.
Meanwhile, the subsidiary’s CEO, Sergio Rocha, warned that if a strike were to occur, the action would threaten both production and job security, and urged his employees to step away from the abyss before all is lost.